Industrial producer prices down by 1.6% in both the euro area and the EU
Overview
In March 2025, compared with February 2025, industrial producer prices decreased by 1.6% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In February 2025, industrial producer prices grew by 0.2% in the euro area and by 0.4% in the EU.
In March 2025, compared with March 2024, industrial producer prices increased by 1.9% in the euro area and by 2.1% in the EU .
Monthly comparison by main industrial grouping and by Member State
In the euro area in March 2025, compared with February 2025, industrial producer prices
remained stable for intermediate goods,
decreased by 5.8% for energy,
increased by 0.1% for capital goods,
increased by 0.2% for durable consumer goods,
increased by 0.5% for non-durable consumer goods.
Prices in total industry excluding energy increased by 0.1%.
In the EU, industrial producer prices
increased by 0.1% for intermediate goods,
decreased by 5.5% for energy,
remained stable for capital goods,
increased by 0.1% for durable consumer goods,
increased by 0.5% for non-durable consumer goods.
Prices in total industry excluding energy increased by 0.2%.
The largest monthly decreases in industrial producer prices were recorded in Estonia (-8.0%), Spain (-3.9%) and Italy (-3.3%). The highest increases were observed in Greece (+1.3%), Luxembourg (+0.9%) and Slovenia (+0.6%).
Annual comparison by main industrial grouping and by Member State
In the euro area in March 2025, compared with March 2024, industrial producer prices
increased by 0.8% for intermediate goods,
increased by 3.8% for energy,
increased by 1.8% for capital goods,
increased by 0.9% for durable consumer goods,
increased by 1.7% for non-durable consumer goods.
Prices in total industry excluding energy increased by 1.3%.
In the EU, industrial producer prices
increased by 0.9% for intermediate goods,
increased by 4.1% for energy,
increased by 1.7% for capital goods,
increased by 1.0% for durable consumer goods,
increased by 1.9% for non-durable consumer goods.
Prices in total industry excluding energy increased by 1.4%.
The highest annual increases in industrial producer prices were recorded in Bulgaria (+22.0%), Ireland (+10.6%) and Denmark (+10.2%). The largest decreases were observed in Luxembourg (-4.5%), Portugal (-1.0%), France and Lithuania (both -0.6%).
Tables
Industrial producer prices on the domestic market % change compared with previous month |
||||||
|---|---|---|---|---|---|---|
Oct-24 |
Nov-24 |
Dec-24 |
Jan-25 |
Feb-25 |
Mar-25 |
|
Euro area |
||||||
Total industry |
0.4 |
1.7 |
0.4 |
0.8 |
0.2 |
-1.6 |
Total industry excluding energy |
0.0 |
0.0 |
0.1 |
0.4 |
0.3 |
0.1 |
Intermediate goods |
-0.1 |
-0.1 |
0.0 |
0.3 |
0.4 |
0.0 |
Energy |
1.6 |
5.7 |
1.3 |
1.7 |
0.5 |
-5.8 |
Capital goods |
0.1 |
0.0 |
0.2 |
0.7 |
0.3 |
0.1 |
Durable consumer goods |
0.3 |
-0.2 |
0.2 |
0.6 |
-0.1 |
0.2 |
Non-durable consumer goods |
0.2 |
0.0 |
0.1 |
0.2 |
0.0 |
0.5 |
EU |
||||||
Total industry |
0.3 |
1.7 |
0.4 |
0.8 |
0.4 |
-1.6 |
Total industry excluding energy |
0.0 |
0.1 |
0.1 |
0.3 |
0.3 |
0.2 |
Intermediate goods |
-0.1 |
0.0 |
0.0 |
0.3 |
0.4 |
0.1 |
Energy |
1.1 |
5.6 |
1.1 |
1.8 |
0.8 |
-5.5 |
Capital goods |
0.1 |
0.0 |
0.2 |
0.7 |
0.2 |
0.0 |
Durable consumer goods |
0.3 |
0.0 |
0.2 |
0.6 |
-0.1 |
0.1 |
Non-durable consumer goods |
0.2 |
0.1 |
0.2 |
0.2 |
0.1 |
0.5 |
Source dataset: sts_inppd_m
|
||||||
Industrial producer prices on the domestic market % change compared with previous month |
||||||
|---|---|---|---|---|---|---|
Oct-24 |
Nov-24 |
Dec-24 |
Jan-25 |
Feb-25 |
Mar-25 |
|
Euro area |
0.4 |
1.7 |
0.4 |
0.8 |
0.2 |
-1.6 |
EU |
0.3 |
1.7 |
0.4 |
0.8 |
0.4 |
-1.6 |
Belgium |
0.6 |
1.2 |
1.1 |
0.5 |
0.2 |
-0.5 |
Bulgaria |
-2.9 |
4.9 |
5.1 |
5.4 |
2.5 |
-1.0 |
Czechia |
0.2 |
0.5 |
0.6 |
0.2 |
-0.1 |
-0.3 |
Denmark |
0.7 |
3.6 |
0.5 |
1.7 |
1.6 |
-3.2 |
Germany |
0.2 |
0.6 |
-0.1 |
0.0 |
-0.2 |
-0.8 |
Estonia |
1.0 |
-1.4 |
1.1 |
0.7 |
9.5 |
-8.0 |
Ireland |
2.3 |
4.5 |
-1.5 |
6.2 |
-4.9 |
-1.8 |
Greece |
-0.6 |
0.7 |
0.4 |
1.7 |
-0.1 |
1.3 |
Spain |
-0.1 |
2.9 |
0.9 |
0.4 |
1.2 |
-3.9 |
France |
0.9 |
3.7 |
0.7 |
0.7 |
-0.4 |
-0.6 |
Croatia |
0.4 |
-0.2 |
2.4 |
1.6 |
0.3 |
-0.2 |
Italy |
1.0 |
1.8 |
0.8 |
2.0 |
0.9 |
-3.3 |
Cyprus |
-0.1 |
-1.1 |
0.1 |
-0.3 |
-0.3 |
0.3 |
Latvia |
0.2 |
-0.2 |
0.3 |
-0.4 |
4.2 |
-1.5 |
Lithuania |
-0.4 |
0.1 |
1.1 |
1.1 |
0.8 |
-1.2 |
Luxembourg |
0.0 |
-0.3 |
0.0 |
-0.1 |
-0.3 |
0.9 |
Hungary |
-0.5 |
3.1 |
0.1 |
0.8 |
0.1 |
-1.0 |
Malta |
0.1 |
0.0 |
0.1 |
0.0 |
0.4 |
0.0 |
Netherlands |
0.5 |
1.4 |
-0.2 |
1.9 |
0.8 |
-2.2 |
Austria |
0.2 |
0.7 |
0.3 |
-0.7 |
-0.2 |
0.2 |
Poland |
0.1 |
0.2 |
-0.3 |
0.0 |
0.0 |
0.0 |
Portugal |
-0.8 |
0.8 |
0.4 |
-2.0 |
0.8 |
-2.1 |
Romania |
-1.2 |
4.1 |
-1.3 |
-0.1 |
4.6 |
-3.0 |
Slovenia |
-0.7 |
1.2 |
0.3 |
-0.5 |
-0.5 |
0.6 |
Slovakia |
-2.0 |
-0.5 |
1.5 |
0.4 |
-0.8 |
0.0 |
Finland |
-0.6 |
0.4 |
-0.1 |
2.0 |
-0.1 |
-0.1 |
Sweden |
0.8 |
4.2 |
0.1 |
2.3 |
1.1 |
-2.7 |
Norway |
1.3 |
0.9 |
0.6 |
2.5 |
2.8 |
-1.3 |
Switzerland |
-0.1 |
0.0 |
0.1 |
-0.2 |
0.2 |
0.1 |
Source dataset: sts_inppd_m
|
||||||
Industrial producer prices on the domestic market % change compared with same month of previous year |
||||||
|---|---|---|---|---|---|---|
Oct-24 |
Nov-24 |
Dec-24 |
Jan-25 |
Feb-25 |
Mar-25 |
|
Euro area |
||||||
Total industry |
-3.3 |
-1.2 |
0.0 |
1.7 |
3.0 |
1.9 |
Total industry excluding energy |
0.8 |
0.9 |
1.0 |
1.3 |
1.4 |
1.3 |
Intermediate goods |
-0.5 |
-0.3 |
0.0 |
0.5 |
0.9 |
0.8 |
Energy |
-11.2 |
-5.0 |
-1.7 |
3.3 |
7.6 |
3.8 |
Capital goods |
1.3 |
1.4 |
1.5 |
1.7 |
1.7 |
1.8 |
Durable consumer goods |
0.7 |
0.6 |
0.8 |
1.5 |
0.9 |
0.9 |
Non-durable consumer goods |
1.9 |
1.9 |
1.9 |
1.8 |
1.6 |
1.7 |
EU |
||||||
Total industry |
-3.1 |
-1.0 |
0.1 |
1.8 |
3.2 |
2.1 |
Total industry excluding energy |
0.7 |
0.9 |
1.1 |
1.3 |
1.4 |
1.4 |
Intermediate goods |
-0.5 |
-0.2 |
0.1 |
0.6 |
1.0 |
0.9 |
Energy |
-10.3 |
-4.6 |
-1.4 |
3.1 |
7.5 |
4.1 |
Capital goods |
1.6 |
1.6 |
1.7 |
1.8 |
1.8 |
1.7 |
Durable consumer goods |
0.5 |
0.5 |
0.8 |
1.5 |
1.0 |
1.0 |
Non-durable consumer goods |
1.7 |
1.8 |
1.9 |
1.9 |
1.9 |
1.9 |
Source dataset: sts_inppd_m
|
||||||
Industrial producer prices on the domestic market % change compared with same month of previous year |
||||||
|---|---|---|---|---|---|---|
Oct-24 |
Nov-24 |
Dec-24 |
Jan-25 |
Feb-25 |
Mar-25 |
|
Euro area |
-3.3 |
-1.2 |
0.0 |
1.7 |
3.0 |
1.9 |
EU |
-3.1 |
-1.0 |
0.1 |
1.8 |
3.2 |
2.1 |
Belgium |
-1.2 |
0.6 |
1.9 |
5.0 |
3.9 |
3.2 |
Bulgaria |
-3.1 |
1.0 |
6.6 |
14.4 |
19.0 |
22.0 |
Czechia |
0.8 |
1.7 |
2.8 |
0.5 |
-0.1 |
-0.4 |
Denmark |
0.3 |
3.2 |
4.7 |
6.4 |
11.2 |
10.2 |
Germany |
-1.2 |
0.0 |
0.8 |
0.6 |
0.8 |
-0.2 |
Estonia |
-1.2 |
-2.6 |
-0.2 |
-4.5 |
12.7 |
4.6 |
Ireland |
0.3 |
5.4 |
11.1 |
14.9 |
12.8 |
10.6 |
Greece |
-0.2 |
0.2 |
-0.5 |
0.5 |
2.0 |
5.7 |
Spain |
-3.9 |
1.1 |
2.4 |
2.6 |
6.7 |
4.8 |
France |
-5.9 |
-4.7 |
-4.0 |
-2.3 |
-1.2 |
-0.6 |
Croatia |
-4.8 |
-5.1 |
-2.2 |
0.2 |
0.5 |
0.0 |
Italy |
-3.8 |
-0.7 |
1.3 |
6.0 |
8.5 |
5.4 |
Cyprus |
-1.3 |
-1.9 |
-1.9 |
-0.6 |
-1.0 |
0.0 |
Latvia |
-4.7 |
-5.0 |
-3.3 |
-4.7 |
2.3 |
1.9 |
Lithuania |
-4.7 |
-2.5 |
-0.3 |
-5.4 |
-1.4 |
-0.6 |
Luxembourg |
-3.6 |
-3.6 |
-4.2 |
-4.7 |
-5.7 |
-4.5 |
Hungary |
-0.7 |
3.2 |
4.0 |
6.1 |
5.4 |
4.7 |
Malta |
0.6 |
0.6 |
0.6 |
0.4 |
0.7 |
0.7 |
Netherlands |
-2.8 |
-1.4 |
0.0 |
2.5 |
3.3 |
0.8 |
Austria |
-4.8 |
-4.5 |
-3.4 |
-1.9 |
-1.1 |
0.3 |
Poland |
-5.1 |
-4.3 |
-3.4 |
-0.4 |
-0.7 |
-0.4 |
Portugal |
0.3 |
2.1 |
2.8 |
-0.1 |
0.5 |
-1.0 |
Romania |
-4.8 |
-1.7 |
-2.4 |
-2.0 |
3.8 |
3.3 |
Slovenia |
-2.5 |
-0.8 |
-0.2 |
-0.5 |
0.2 |
0.8 |
Slovakia |
-20.4 |
-18.4 |
-17.0 |
-2.7 |
2.2 |
2.6 |
Finland |
-2.6 |
-2.4 |
-2.3 |
-1.0 |
-0.3 |
0.1 |
Sweden |
0.4 |
0.6 |
1.2 |
2.4 |
4.8 |
1.2 |
Norway |
0.7 |
-0.7 |
1.2 |
3.2 |
6.9 |
4.3 |
Switzerland |
0.4 |
0.7 |
1.1 |
0.4 |
0.4 |
0.4 |
Source dataset: sts_inppd_m
|
||||||
Industrial producer prices indices on the domestic market for total industry (base year 2021) |
||||||
|---|---|---|---|---|---|---|
Oct-24 |
Nov-24 |
Dec-24 |
Jan-25 |
Feb-25 |
Mar-25 |
|
Euro area |
124.6 |
126.7 |
127.2 |
128.2 |
128.5 |
126.4 |
EU |
126.0 |
128.2 |
128.7 |
129.7 |
130.2 |
128.1 |
Belgium |
118.4 |
119.8 |
121.1 |
121.7 |
122.0 |
121.4 |
Bulgaria |
121.8 |
127.8 |
134.3 |
141.5 |
145.0 |
143.6 |
Czechia |
130.8 |
131.4 |
132.2 |
132.4 |
132.3 |
131.9 |
Denmark |
144.7 |
149.9 |
150.7 |
153.3 |
155.8 |
150.8 |
Germany |
128.6 |
129.4 |
129.3 |
129.3 |
129.0 |
128.0 |
Estonia |
131.3 |
129.5 |
130.9 |
131.8 |
144.3 |
132.8 |
Ireland |
107.8 |
112.6 |
110.9 |
117.8 |
112.0 |
110.0 |
Greece |
123.1 |
124.0 |
124.5 |
126.6 |
126.5 |
128.1 |
Spain |
124.3 |
127.9 |
129.1 |
129.6 |
131.2 |
126.1 |
France |
120.5 |
124.9 |
125.8 |
126.7 |
126.2 |
125.5 |
Croatia |
127.7 |
127.4 |
130.5 |
132.6 |
133.0 |
132.7 |
Italy |
125.2 |
127.4 |
128.4 |
131.0 |
132.2 |
127.9 |
Cyprus |
125.5 |
124.1 |
124.2 |
123.8 |
123.4 |
123.8 |
Latvia |
139.2 |
138.9 |
139.3 |
138.8 |
144.6 |
142.5 |
Lithuania |
134.4 |
134.6 |
136.1 |
137.6 |
138.7 |
137.0 |
Luxembourg |
151.2 |
150.8 |
150.8 |
150.7 |
150.3 |
151.7 |
Hungary |
183.2 |
188.8 |
189.0 |
190.6 |
190.7 |
188.7 |
Malta |
109.2 |
109.2 |
109.3 |
109.3 |
109.7 |
109.7 |
Netherlands |
121.9 |
123.6 |
123.4 |
125.7 |
126.7 |
123.9 |
Austria |
120.9 |
121.7 |
122.1 |
121.3 |
121.1 |
121.3 |
Poland |
124.7 |
124.9 |
124.5 |
124.5 |
124.5 |
124.5 |
Portugal |
118.7 |
119.6 |
120.1 |
117.7 |
118.7 |
116.2 |
Romania |
153.7 |
160.0 |
157.9 |
157.8 |
165.1 |
160.1 |
Slovenia |
129.7 |
131.3 |
131.7 |
131.1 |
130.4 |
131.2 |
Slovakia |
134.9 |
134.2 |
136.2 |
136.7 |
135.6 |
135.6 |
Finland |
115.7 |
116.2 |
116.1 |
118.4 |
118.3 |
118.2 |
Sweden |
114.3 |
119.1 |
119.2 |
121.9 |
123.3 |
120.0 |
Norway |
136.7 |
137.9 |
138.7 |
142.1 |
146.1 |
144.2 |
Switzerland |
112.9 |
112.9 |
113.0 |
112.8 |
113.0 |
113.1 |
Source dataset: sts_inppd_m
|
||||||
Industrial producer prices indices on the domestic market for total industry excluding energy (base year 2021) |
||||||
|---|---|---|---|---|---|---|
Oct-24 |
Nov-24 |
Dec-24 |
Jan-25 |
Feb-25 |
Mar-25 |
|
Euro area |
118.1 |
118.1 |
118.2 |
118.7 |
119.0 |
119.1 |
EU |
118.4 |
118.5 |
118.6 |
119.0 |
119.3 |
119.5 |
Belgium |
123.1 |
123.7 |
124.2 |
124.0 |
124.1 |
124.5 |
Bulgaria |
135.0 |
135.7 |
136.1 |
138.8 |
146.3 |
146.6 |
Czechia |
120.4 |
120.5 |
120.2 |
121.1 |
121.1 |
121.0 |
Denmark |
118.0 |
118.5 |
119.2 |
119.9 |
120.2 |
120.4 |
Germany |
119.3 |
119.4 |
119.5 |
120.0 |
120.3 |
120.4 |
Estonia |
120.7 |
120.7 |
121.9 |
121.1 |
122.5 |
122.8 |
Ireland |
115.3 |
115.3 |
115.8 |
116.4 |
116.1 |
116.0 |
Greece |
114.9 |
114.9 |
115.1 |
115.9 |
116.2 |
116.4 |
Spain |
117.9 |
117.5 |
117.1 |
117.7 |
118.0 |
118.2 |
France |
116.7 |
116.7 |
116.8 |
117.5 |
117.9 |
118.3 |
Croatia |
117.3 |
117.6 |
117.7 |
118.5 |
118.9 |
119.0 |
Italy |
114.9 |
114.9 |
115.0 |
115.2 |
115.3 |
115.5 |
Cyprus |
120.4 |
120.5 |
120.7 |
120.5 |
120.0 |
120.2 |
Latvia |
127.8 |
127.4 |
127.8 |
128.8 |
128.7 |
128.9 |
Lithuania |
123.3 |
123.1 |
123.5 |
123.7 |
124.0 |
124.1 |
Luxembourg |
117.3 |
117.2 |
117.5 |
118.3 |
117.6 |
119.6 |
Hungary |
144.9 |
146.6 |
147.4 |
148.1 |
148.2 |
148.9 |
Malta |
120.2 |
120.2 |
120.4 |
120.4 |
121.3 |
121.1 |
Netherlands |
119.2 |
119.3 |
119.3 |
120.8 |
121.6 |
121.1 |
Austria |
116.8 |
116.6 |
116.7 |
117.2 |
117.3 |
117.6 |
Poland |
115.2 |
115.4 |
115.1 |
114.7 |
114.4 |
114.8 |
Portugal |
121.1 |
120.4 |
120.8 |
119.0 |
119.4 |
119.8 |
Romania |
128.7 |
128.8 |
129.2 |
129.9 |
130.7 |
130.9 |
Slovenia |
123.5 |
123.6 |
123.6 |
123.9 |
124.2 |
124.5 |
Slovakia |
117.7 |
117.8 |
118.6 |
119.1 |
119.4 |
120.2 |
Finland |
117.3 |
117.5 |
117.0 |
117.9 |
118.1 |
118.3 |
Sweden |
123.7 |
124.0 |
124.5 |
125.3 |
125.5 |
125.6 |
Norway |
132.2 |
132.2 |
132.9 |
134.1 |
133.4 |
133.5 |
Switzerland |
108.3 |
108.3 |
108.5 |
108.6 |
108.6 |
108.8 |
Source dataset: sts_inppd_m
|
||||||
Notes for users
Revisions and timetable
Compared with data issued in the News Release of 3 April 2025, the monthly percentage increase for February 2025 remained unchanged at +0.2% in the euro area and has been revised from +0.3% to +0.4% in the EU. The annual percentage increase remained unchanged at +3.0% in the euro area and has been revised from +3.1% to +3.2% in the EU.
Methods and definitions
The index of producer prices shows (in the national currency of the country concerned) changes in the ex-works sale prices of all products sold on the domestic market, excluding imports. Euro area and EU indices refer to overall weighted price changes. The figures are not calendar day or seasonally adjusted.
Total industry covers NACE rev.2 sections B to D + E36.
Geographical information
The euro area (EA20) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.
For more information
Statistics Explained article on the industrial producer price index
The weights of the Member States in the EU and euro area aggregates
(See file Base year 2021 weights - Euro indicators releases)
Get in touch
Further information on data
E-mail: ESTAT-STS-DATA@ec.europa.eu