Comparison of changes in the industrial producer prices in the EU member states, March 2025
Released: 13 May 2025
Industrial producer prices1 increased by 1.8% in the European Union in March 2025 compared to a year earlier, while they were 1.3% lower than in the previous month. Domestic output prices were up by 2.1% and non-domestic output prices by 1.5% compared to March in the previous year.
The prices of industrial products rose the most in Bulgaria and Denmark within the European Union2, by 17% and 13%, respectively, compared to a year earlier, and the most significant decreases (of 1.5% and 1.4%) occurred in Lithuania and Portugal, respectively. In Hungary, industrial producer prices were up by 7.3% 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 a 0.8% decrease in Poland and a 1.6% price rise in Slovakia, and no datum was available for Czechia. Compared to the previous month, industrial producer prices diminished by 1.3% in the EU and by 0.7% in Hungary. Similarly to Hungary, the price level eased in the majority of the member states, too, over a month.
Hungary’s industrial domestic output prices were 4.7% higher on average than in the same month of the previous year. Within this, manufacturing products, representing a weight of 63%, cost 4.3% and energy industrial (electricity, gas, steam and air conditioning supply) products, with a weight of 35%, 5.0% more than in March 2024. Within manufacturing, food industry domestic output prices rose by 6.2%. Prices in Hungary became 4.3% higher in energy and intermediate producer branches together and 5.4% 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 8.6% compared to the same month of the previous year, within which by 3.7% in manufacturing, representing a weight of 92%, and by 27% in the energy industry, with a weight of 8.0%.
According to the macro models of Trading Economics3, 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, March 2025
Denomination
Monthly average for 2021 = 100.0
Change compared with
previous month
same month of previous year
%
EU average
123.4
-1.3
1.8
Euro area
122.4
-1.3
1.6
Belgium
120.2
-0.7
2.2
Bulgaria
137.9
-0.6
17.4
Czechia
..
..
..
Denmark
143.3
-2.0
13.2
Germany
123.5
-0.6
0.7
Estonia
128.1
-3.5
2.7
Ireland
106.2
-2.7
0.2
Greece
125.8
-0.2
2.2
Spain
124.1
-3.1
4.1
France
122.0
-1.1
-0.3
Croatia
123.2
-0.4
0.0
Italy
124.7
-2.4
3.9
Cyprus
122.4
0.2
0.1
Latvia
127.9
-2.1
1.8
Lithuania
119.7
-1.4
-1.5
Luxembourg
128.0
-0.2
2.2
Hungary
149.9
-0.7
7.3
Malta
108.1
-0.2
-0.5
Netherlands
123.0
-1.0
1.1
Austria
117.6
0.0
0.8
Poland
115.4
0.0
-0.8
Portugal
116.7
-1.4
-1.4
Romania
149.6
-2.4
3.3
Slovenia
125.9
0.8
1.2
Slovakia
124.3
0.5
1.6
Finland
116.6
-0.4
0.3
Sweden
120.4
-3.1
-0.3
Source: Eurostat–Database. Download date: 7 May 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. ↩
-
Data from Trading Economics are available following registration. ↩
Released: 13 May 2025
Industrial producer prices1 increased by 1.8% in the European Union in March 2025 compared to a year earlier, while they were 1.3% lower than in the previous month. Domestic output prices were up by 2.1% and non-domestic output prices by 1.5% compared to March in the previous year.
The prices of industrial products rose the most in Bulgaria and Denmark within the European Union2, by 17% and 13%, respectively, compared to a year earlier, and the most significant decreases (of 1.5% and 1.4%) occurred in Lithuania and Portugal, respectively. In Hungary, industrial producer prices were up by 7.3% 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 a 0.8% decrease in Poland and a 1.6% price rise in Slovakia, and no datum was available for Czechia. Compared to the previous month, industrial producer prices diminished by 1.3% in the EU and by 0.7% in Hungary. Similarly to Hungary, the price level eased in the majority of the member states, too, over a month.
Hungary’s industrial domestic output prices were 4.7% higher on average than in the same month of the previous year. Within this, manufacturing products, representing a weight of 63%, cost 4.3% and energy industrial (electricity, gas, steam and air conditioning supply) products, with a weight of 35%, 5.0% more than in March 2024. Within manufacturing, food industry domestic output prices rose by 6.2%. Prices in Hungary became 4.3% higher in energy and intermediate producer branches together and 5.4% 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 8.6% compared to the same month of the previous year, within which by 3.7% in manufacturing, representing a weight of 92%, and by 27% in the energy industry, with a weight of 8.0%.
According to the macro models of Trading Economics3, 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, March 2025
| Denomination | Monthly average for 2021 = 100.0 | Change compared with | |
|---|---|---|---|
| previous month | same month of previous year | ||
| % | |||
| EU average | 123.4 | -1.3 | 1.8 |
| Euro area | 122.4 | -1.3 | 1.6 |
| Belgium | 120.2 | -0.7 | 2.2 |
| Bulgaria | 137.9 | -0.6 | 17.4 |
| Czechia | .. | .. | .. |
| Denmark | 143.3 | -2.0 | 13.2 |
| Germany | 123.5 | -0.6 | 0.7 |
| Estonia | 128.1 | -3.5 | 2.7 |
| Ireland | 106.2 | -2.7 | 0.2 |
| Greece | 125.8 | -0.2 | 2.2 |
| Spain | 124.1 | -3.1 | 4.1 |
| France | 122.0 | -1.1 | -0.3 |
| Croatia | 123.2 | -0.4 | 0.0 |
| Italy | 124.7 | -2.4 | 3.9 |
| Cyprus | 122.4 | 0.2 | 0.1 |
| Latvia | 127.9 | -2.1 | 1.8 |
| Lithuania | 119.7 | -1.4 | -1.5 |
| Luxembourg | 128.0 | -0.2 | 2.2 |
| Hungary | 149.9 | -0.7 | 7.3 |
| Malta | 108.1 | -0.2 | -0.5 |
| Netherlands | 123.0 | -1.0 | 1.1 |
| Austria | 117.6 | 0.0 | 0.8 |
| Poland | 115.4 | 0.0 | -0.8 |
| Portugal | 116.7 | -1.4 | -1.4 |
| Romania | 149.6 | -2.4 | 3.3 |
| Slovenia | 125.9 | 0.8 | 1.2 |
| Slovakia | 124.3 | 0.5 | 1.6 |
| Finland | 116.6 | -0.4 | 0.3 |
| Sweden | 120.4 | -3.1 | -0.3 |
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. ↩
-
Data from Trading Economics are available following registration. ↩