Comparison of changes in the industrial producer prices in the EU member states, March 2026

Released: 2 June 2026

Industrial producer prices1 – following a decrease of seven months – rose by 1.6% in the European Union in March 2026 compared to a year earlier. The turnaround was primarily owing to a price rise in energy producer branches, which was closely related to the war that broke out in the Middle East. The prices of industrial products rose the most in Greece out of the member states2, by 8.3% compared to a year earlier. The most significant price decrease of 6.3% occurred in Luxembourg. In Hungary, industrial producer prices went up by 1.2% compared to the same period of the previous year, which put Hungary in the middle of the EU rankings. Among the other Visegrád countries, prices were 1.0% higher in Poland and 0.1% higher in Slovakia than in March 2025, and no datum was available for Czechia. Compared to the previous month, industrial producer prices rose by 3.9% in Hungary and by 2.8% on average in the EU.

Hungary’s industrial domestic output prices became 1.2% higher in March compared to one year earlier, within which the price level increased by 1.6% in manufacturing, representing a weight of 68%, and lessened by 0.1% in the energy industry (electricity, gas, steam and air conditioning supply), with a weight of 30%. Prices in Hungary became 1.7% higher in energy and intermediate producer branches together and 1.1% higher in consumer goods producer branches and were unchanged as a whole in capital goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices were up by 1.3%, since, in parallel with a price decrease of 0.8% in manufacturing, representing a weight of 90%, a price rise of 20% occurred in the energy industry, with a small weight (of 9.7%) but heavily dependent on the changed international environment.

According to the macro models of Trading Economics3, industrial producer prices will go on rising in 2026, and in the next three quarters they will be 2.9–3.5% higher in Hungary and 2.3–3.2% higher in the EU than a year earlier. The peak of the price increase is expected in the third quarter both in Hungary and in the EU as a whole.

Table 1

Industrial producer prices in EU member countries, March 2026

Denomination Monthly average for 2021 = 100.0 Change compared with
previous month same month of the previous year
%
EU average 125.4 2.8 1.6
Euro area 124.5 2.9 1.6
Belgium 124.4 3.2 3.5
Bulgaria 149.1 –0.9 8.1
Czechia .. .. ..
Denmark 145.1 1.8 1.3
Germany 124.0 1.8 0.4
Estonia 129.0 –3.6 0.7
Ireland 105.9 3.9 –0.3
Greece 136.3 10.1 8.3
Spain 127.2 5.1 2.7
France 122.6 2.4 0.3
Croatia 127.1 1.9 3.2
Italy 129.9 4.4 4.2
Cyprus 121.3 –1.1 –0.7
Latvia 127.5 –1.3 0.6
Lithuania 127.6 8.2 6.6
Luxembourg 121.5 0.7 –6.3
Hungary 151.8 3.9 1.3
Malta 109.3 –0.3 0.9
Netherlands 124.0 3.4 0.7
Austria 117.5 1.4 0.0
Poland 116.6 2.8 1.0
Portugal 116.8 2.3 0.0
Romania 159.8 1.3 7.0
Slovenia 127.0 0.2 0.9
Slovakia 124.4 –0.1 0.1
Finland 119.7 –1.3 2.7
Sweden 122.9 0.6 2.1
Source: Eurostat database. Download date: 7 May 2026.
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Footnotes

  1. When publishing industrial producer prices, Eurostat considers total sections B, C and D, as well as water collection, treatment and supply from section E, while HCSO’s methodology covers total section E as well, therefore, data included in Eurostat and HCSO first releases may differ.

  2. No datum was available for Czechia and Italy.

  3. Data from Trading Economics are available following registration.