For comparison, in February 2025, the annual PPI indicator in the countries of the Monetary Union was 3 percent, i.e. it was the highest in almost two years. Throughout 2024 and most of 2023, the index was negative.
“In the euro area in March 2025, compared to February 2025, the prices of industrial producers remained stable for intermediate goods, fell by 5.8 percent for energy, increased by 0.1 percent for capital goods, increased by 0.2 percent for permanent consumer goods, they increased by 0.5 % for not consumer ” – we read in a message.
In the euro area in March 2025, compared to March 2024, the prices of industrial producers increased by 0.8 percent. For indirect goods, they increased by 3.8 percent. For energy, they increased by 1.8 percent For capital goods, they increased by 0.9 percent For permanent use for consumer goods, they increased by 1.7 percent. For unstable consumer goods, it was also given.
In Poland, the prices of producers in March did not change on a monthly basis (This is the third month in a row when prices are stable) and fell by 0.4 percent. In terms of year to year (in February they fell by 0.7 % year -on -year) – according to Eurostat data.
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Macronext
It is worth following the dynamics of PPI inflation, because historical data suggest that the changes in this indicator are ahead of the dynamics of consumer prices by about one or two quarters. PPI shows dynamics prices that producers receive for their products. This is an important indicator saying whether inflationary pressure has appeared at the production stage And whether companies manage to transfer rising costs to recipients of goods. And this can later affect the increase in prices in the detail, so the most observed CPI consumer inflation indicator.
The PPI indicator shows a few months in advance, which may happen with consumer inflation. If the PPI dynamics clearly accelerates, the price increase in the detail should be expected, and therefore also the key for consumers of the CPI (if consumers will be able to buy products at higher prices, in this respect a lot depends on their financial situation and moods). However, it is worth remembering that PPI inflation does not measure prices in services, unlike the CPI indicator, which contains changes in prices of both goods and services.
