Comparison of changes in the industrial producer prices in the EU member states, January 2025
Released: 7 March 2025
Industrial producer prices1 grew by 2.2% in January 2025, year-on-year, and were 0.7% higher compared to the previous month. Domestic sales prices increased by 1.8%, export ones by 2.7% in comparison with the January of the previous year ones.
Industrial products became most expensive in Bulgaria and Denmark within the European Union2, by 12.5% and 12.1%, year-on-year, the most significant price drops occurred in France, Malta and Lithuania (1.0 – 1-6%). Industrial producer prices were 9.1% higher in Hungary than a year earlier. Domestic price hike, as such, ranked third (after Bulgaria and Denmark). Considering the other three Visegrad countries prices fell by 0.9% in Poland, by 0.2% in Slovakia, data for Czechia was not available. Likewise, based on unadjusted data, prices grew by 0.7% in the EU, and by 0.4% in Hungary, compared to the previous month. Domestic data was in the mid-course in this respect, price level grew by 0.6% in Slovakia, lessened by 0.2% in Poland within a month. (Data for Czechia was not available in this context, neither).
Domestic industrial sales prices were on average 6.1% higher year-on-year. Within it, products of the manufacturing industry (with its 63% weight) cost 6.6% more, those of the energy industry (electricity, gas, steam and air conditioning supply) with its 35% weight were 5.0% more expensive than in January 2024. Within manufacturing sales prices of the food industry increased by 6.1%. Considering groups of divisions by purpose, prices grew by 6.1% in the energy- and downstream- producing divisions, jointly; by 6.6% in those producing investment related goods; by 5.6% in the consumer goods producing ones.
Industrial export sales prices increased by 10.6%, within it by 7.5% in the 92% weigh representing manufacturing, by 24% in the 8% weight carrying energy industry, compared to the same month of the previous year.
Prices of industrial products sold abroad grew in the majority of the EU member states, while domestic sales became more expensive in half of the data supplying 26 countries (data for Italy was not available in this respect).
According to the macro-models of Trading Economics, industrial producer prices in domestic sales will increase quarterly by 1.6-4-4% in the European Union, by 3.0-8.4% in Hungary in 2025, compared to the same period of the previous year.
Table 1
Changes in industrial producer prices in the member states of the EU, January 2025
Territorial unit
Monthly average of 2021=100
Changes compered with
the previuos month
the same month of the previuos year
European Union average
124,8
0,7
2,2
Euro area
123,8
0,7
1,8
Belgium
120,7
0,2
4,4
Bulgaria
134,9
5,0
12,5
Czechia
..
..
..
Denmark
144,9
-0,1
12,1
Germany
124,3
0,2
1,2
Estonia
128,5
0,9
0,0
Ireland
111,2
1,4
5,0
Greece
126,2
1,9
0,2
Spain
126,8
0,5
2,6
France
123,8
0,9
-1,0
Croatia
123,4
1,1
0,2
Italy
..
..
..
Cyprus
122,4
-0,2
-0,4
Latvia
126,6
0,3
-0,8
Lithuania
120,8
1,2
-1,6
Luxembourg
125,5
-0,5
-0,3
Hungary
151,6
0,4
9,1
Malta
108,0
-0,4
-1,3
Netherlands
123,8
1,5
2,1
Austria
117,5
-0,3
-0,4
Poland
115,6
-0,2
-0,9
Portugal
117,7
-1,5
-0,3
Romania
148,5
0,5
-0,1
Slovenia
124,4
-0,5
-0,9
Slovakia
124,9
0,6
-0,2
Finland
116,9
1,3
0,3
Sweden
124,2
1,6
3,3
Source: Eurostat-Database, downloaded in 6 March 2025. Data for Czechia and for Italy were not available.
Figure 1
Figure 2
Footnotes
-
Eurostat considers sections B, C, D in total, as well as section E (except waste water treatment, waste management and remediation activities) when publishing industrial producer prices, while the HCSO methodology takes the whole section E into account, as such data of first releases published by Eurostat and HCSO may differ. ↩
-
Data for Czechia and Italy were not available. ↩
Released: 7 March 2025
Industrial producer prices1 grew by 2.2% in January 2025, year-on-year, and were 0.7% higher compared to the previous month. Domestic sales prices increased by 1.8%, export ones by 2.7% in comparison with the January of the previous year ones.
Industrial products became most expensive in Bulgaria and Denmark within the European Union2, by 12.5% and 12.1%, year-on-year, the most significant price drops occurred in France, Malta and Lithuania (1.0 – 1-6%). Industrial producer prices were 9.1% higher in Hungary than a year earlier. Domestic price hike, as such, ranked third (after Bulgaria and Denmark). Considering the other three Visegrad countries prices fell by 0.9% in Poland, by 0.2% in Slovakia, data for Czechia was not available. Likewise, based on unadjusted data, prices grew by 0.7% in the EU, and by 0.4% in Hungary, compared to the previous month. Domestic data was in the mid-course in this respect, price level grew by 0.6% in Slovakia, lessened by 0.2% in Poland within a month. (Data for Czechia was not available in this context, neither).
Domestic industrial sales prices were on average 6.1% higher year-on-year. Within it, products of the manufacturing industry (with its 63% weight) cost 6.6% more, those of the energy industry (electricity, gas, steam and air conditioning supply) with its 35% weight were 5.0% more expensive than in January 2024. Within manufacturing sales prices of the food industry increased by 6.1%. Considering groups of divisions by purpose, prices grew by 6.1% in the energy- and downstream- producing divisions, jointly; by 6.6% in those producing investment related goods; by 5.6% in the consumer goods producing ones.
Industrial export sales prices increased by 10.6%, within it by 7.5% in the 92% weigh representing manufacturing, by 24% in the 8% weight carrying energy industry, compared to the same month of the previous year.
Prices of industrial products sold abroad grew in the majority of the EU member states, while domestic sales became more expensive in half of the data supplying 26 countries (data for Italy was not available in this respect).
According to the macro-models of Trading Economics, industrial producer prices in domestic sales will increase quarterly by 1.6-4-4% in the European Union, by 3.0-8.4% in Hungary in 2025, compared to the same period of the previous year.
Changes in industrial producer prices in the member states of the EU, January 2025
| Territorial unit | Monthly average of 2021=100 | Changes compered with | |
|---|---|---|---|
| the previuos month | the same month of the previuos year | ||
| European Union average | 124,8 | 0,7 | 2,2 |
| Euro area | 123,8 | 0,7 | 1,8 |
| Belgium | 120,7 | 0,2 | 4,4 |
| Bulgaria | 134,9 | 5,0 | 12,5 |
| Czechia | .. | .. | .. |
| Denmark | 144,9 | -0,1 | 12,1 |
| Germany | 124,3 | 0,2 | 1,2 |
| Estonia | 128,5 | 0,9 | 0,0 |
| Ireland | 111,2 | 1,4 | 5,0 |
| Greece | 126,2 | 1,9 | 0,2 |
| Spain | 126,8 | 0,5 | 2,6 |
| France | 123,8 | 0,9 | -1,0 |
| Croatia | 123,4 | 1,1 | 0,2 |
| Italy | .. | .. | .. |
| Cyprus | 122,4 | -0,2 | -0,4 |
| Latvia | 126,6 | 0,3 | -0,8 |
| Lithuania | 120,8 | 1,2 | -1,6 |
| Luxembourg | 125,5 | -0,5 | -0,3 |
| Hungary | 151,6 | 0,4 | 9,1 |
| Malta | 108,0 | -0,4 | -1,3 |
| Netherlands | 123,8 | 1,5 | 2,1 |
| Austria | 117,5 | -0,3 | -0,4 |
| Poland | 115,6 | -0,2 | -0,9 |
| Portugal | 117,7 | -1,5 | -0,3 |
| Romania | 148,5 | 0,5 | -0,1 |
| Slovenia | 124,4 | -0,5 | -0,9 |
| Slovakia | 124,9 | 0,6 | -0,2 |
| Finland | 116,9 | 1,3 | 0,3 |
| Sweden | 124,2 | 1,6 | 3,3 |
Footnotes
-
Eurostat considers sections B, C, D in total, as well as section E (except waste water treatment, waste management and remediation activities) when publishing industrial producer prices, while the HCSO methodology takes the whole section E into account, as such data of first releases published by Eurostat and HCSO may differ. ↩
-
Data for Czechia and Italy were not available. ↩