Comparison of changes in the industrial producer prices in the EU member states, February 2025
Released: 9 April 2025
Industrial producer prices1 increased by 2.8% in the European Union in February 2025 compared to a year earlier and were 0.2% higher than in the previous month. Domestic output prices were up by 3.1% and non-domestic prices by 2.5% compared to February in the previous year.
The prices of industrial products rose the most in Bulgaria and Denmark within the European Union2, by 16% and 14%, respectively, compared to a year earlier, and the most significant decrease (of 1.2%) occurred in Poland. In Hungary, industrial producer prices were up by 8.2% compared to one year earlier, the price rise in Hungary being the third largest in the order of the member states. Out of the other three Visegrád countries, there was the above-mentioned decrease in Poland and a 1.1% price rise in Slovakia, and no datum was available for Czechia. Also based on unadjusted data, industrial producer prices increased by 0.2% in the EU and diminished by 0.4% in Hungary compared to the previous month. Besides Hungary, the price level lessened in seven additional member states, including Poland and Slovakia, too, the other two Visegrád countries supplying data, over a month. (The datum for Czechia was not available in this respect, either.)
Hungary’s industrial domestic output prices were 5.4% higher on average than in the same month of the previous year. Within this, manufacturing products, representing a weight of 63%, cost 5.0% and energy industrial (electricity, gas, steam and air conditioning supply) products, with a weight of 35%, 5.8% more than in February 2024. Within manufacturing, food industry domestic output prices rose by 6.1%. Prices in Hungary became 5.5% higher in energy and intermediate producer branches together and 5.2% higher in both capital goods producer and consumer goods producer branches out of the end-use groups of the producer branches of industry.
Industrial non-domestic output prices were up by 9.6% compared to the same month of the previous year, within which by 4.7% in manufacturing, representing a weight of 92%, and by 36% in the energy industry, with a weight of 8%.
In the majority of EU countries, both domestic and non-domestic output became more expensive.
According to the macro models of Trading Economics, industrial producer prices will go on rising at a rate decelerating quarter by quarter both in the European Union and in Hungary in 2025.
Table 1
Changes in industrial producer prices in the member states of the EU, February 2025
Denomination
Monthly average for 2021 = 100.0
Change compared with
previous month
same month of previous year
%
EU average
125.0
0.2
2.8
Euro area
124.0
0.2
2.6
Belgium
121.0
0.2
3.2
Bulgaria
138.7
2.8
16.3
Czechia
..
..
..
Denmark
146.2
0.9
14.4
Germany
124.3
0.0
1.5
Estonia
132.8
3.3
6.1
Ireland
109.1
-1.9
2.2
Greece
126.0
-0.2
0.6
Spain
128.1
1.0
5.8
France
123.1
-0.5
-0.4
Croatia
123.7
0.2
0.5
Italy
127.8
0.7
6.2
Cyprus
122.1
-0.2
-0.7
Latvia
129.5
2.6
2.7
Lithuania
121.2
0.2
-0.7
Luxembourg
126.6
0.9
0.6
Hungary
151.0
-0.4
8.2
Malta
108.3
-0.1
-0.5
Netherlands
124.3
0.5
2.6
Austria
117.5
0.0
-0.1
Poland
115.4
-0.2
-1.2
Portugal
118.2
0.3
-0.3
Romania
153.4
3.6
4.0
Slovenia
124.9
0.4
0.6
Slovakia
123.7
-1.0
1.1
Finland
117.1
0.2
0.7
Sweden
124.2
0.0
3.3
Source: Eurostat-Database, download date: 4 April 2025. No datum was available for Czechia.
Figure 1
Figure 2
Footnotes
-
When publishing industrial producer prices, Eurostat considers total sections B, C and D, as well as section E except for sewerage, waste management and remediation activities, while HCSO’s methodology covers total section E, therefore, data included in Eurostat and HCSO first releases may differ. ↩
-
No datum was available for Czechia. ↩
Released: 9 April 2025
Industrial producer prices1 increased by 2.8% in the European Union in February 2025 compared to a year earlier and were 0.2% higher than in the previous month. Domestic output prices were up by 3.1% and non-domestic prices by 2.5% compared to February in the previous year.
The prices of industrial products rose the most in Bulgaria and Denmark within the European Union2, by 16% and 14%, respectively, compared to a year earlier, and the most significant decrease (of 1.2%) occurred in Poland. In Hungary, industrial producer prices were up by 8.2% compared to one year earlier, the price rise in Hungary being the third largest in the order of the member states. Out of the other three Visegrád countries, there was the above-mentioned decrease in Poland and a 1.1% price rise in Slovakia, and no datum was available for Czechia. Also based on unadjusted data, industrial producer prices increased by 0.2% in the EU and diminished by 0.4% in Hungary compared to the previous month. Besides Hungary, the price level lessened in seven additional member states, including Poland and Slovakia, too, the other two Visegrád countries supplying data, over a month. (The datum for Czechia was not available in this respect, either.)
Hungary’s industrial domestic output prices were 5.4% higher on average than in the same month of the previous year. Within this, manufacturing products, representing a weight of 63%, cost 5.0% and energy industrial (electricity, gas, steam and air conditioning supply) products, with a weight of 35%, 5.8% more than in February 2024. Within manufacturing, food industry domestic output prices rose by 6.1%. Prices in Hungary became 5.5% higher in energy and intermediate producer branches together and 5.2% higher in both capital goods producer and consumer goods producer branches out of the end-use groups of the producer branches of industry.
Industrial non-domestic output prices were up by 9.6% compared to the same month of the previous year, within which by 4.7% in manufacturing, representing a weight of 92%, and by 36% in the energy industry, with a weight of 8%.
In the majority of EU countries, both domestic and non-domestic output became more expensive.
According to the macro models of Trading Economics, industrial producer prices will go on rising at a rate decelerating quarter by quarter both in the European Union and in Hungary in 2025.
Changes in industrial producer prices in the member states of the EU, February 2025
| Denomination | Monthly average for 2021 = 100.0 | Change compared with | |
|---|---|---|---|
| previous month | same month of previous year | ||
| % | |||
| EU average | 125.0 | 0.2 | 2.8 |
| Euro area | 124.0 | 0.2 | 2.6 |
| Belgium | 121.0 | 0.2 | 3.2 |
| Bulgaria | 138.7 | 2.8 | 16.3 |
| Czechia | .. | .. | .. |
| Denmark | 146.2 | 0.9 | 14.4 |
| Germany | 124.3 | 0.0 | 1.5 |
| Estonia | 132.8 | 3.3 | 6.1 |
| Ireland | 109.1 | -1.9 | 2.2 |
| Greece | 126.0 | -0.2 | 0.6 |
| Spain | 128.1 | 1.0 | 5.8 |
| France | 123.1 | -0.5 | -0.4 |
| Croatia | 123.7 | 0.2 | 0.5 |
| Italy | 127.8 | 0.7 | 6.2 |
| Cyprus | 122.1 | -0.2 | -0.7 |
| Latvia | 129.5 | 2.6 | 2.7 |
| Lithuania | 121.2 | 0.2 | -0.7 |
| Luxembourg | 126.6 | 0.9 | 0.6 |
| Hungary | 151.0 | -0.4 | 8.2 |
| Malta | 108.3 | -0.1 | -0.5 |
| Netherlands | 124.3 | 0.5 | 2.6 |
| Austria | 117.5 | 0.0 | -0.1 |
| Poland | 115.4 | -0.2 | -1.2 |
| Portugal | 118.2 | 0.3 | -0.3 |
| Romania | 153.4 | 3.6 | 4.0 |
| Slovenia | 124.9 | 0.4 | 0.6 |
| Slovakia | 123.7 | -1.0 | 1.1 |
| Finland | 117.1 | 0.2 | 0.7 |
| Sweden | 124.2 | 0.0 | 3.3 |
Footnotes
-
When publishing industrial producer prices, Eurostat considers total sections B, C and D, as well as section E except for sewerage, waste management and remediation activities, while HCSO’s methodology covers total section E, therefore, data included in Eurostat and HCSO first releases may differ. ↩
-
No datum was available for Czechia. ↩