Ireland reported the highest annual increase in industrial producer prices in the European Union in January 2025, seeing a 14.9% increase, new data from Eurostat has found.
Other countries to report a large annual increase in industrial producer prices included Bulgaria (+14.4%), Denmark (+6.4%), Hungary (+6.1%) and Belgium (+5.0%).
At the other end of the scale, a number of EU countries reported a decline in industrial producer prices for the month, including Lithuania (-5.3%), Luxembourg (-4.7%) and Estonia (-4.5%).
Industrial producer prices across the EU
Overall, in the European Union, industrial producer prices were up 1.8% in January 2025, compared to the same month the previous year. On a month-on-month basis, prices were up 0.8%.
In terms of the sectors in which industrial producer prices saw an annual increase at EU level, intermediate goods increased by 0.7%, energy prices rose by 3.3%, capital goods increased by 1.7%, durable consumer goods rose by 1.5%, and non-durable consumer goods increased by 1.9%.
Prices in total industry excluding energy increased by 1.3%. Read more here.
Industrial Producer Price Changes by EU Member State, January 2025 (%)
| Country | Price Change (%) |
|---|---|
| Ireland | 14.9 |
| Bulgaria | 14.4 |
| Denmark | 6.4 |
| Hungary | 6.1 |
| Belgium | 5.0 |
| Netherlands | 2.7 |
| Spain | 2.6 |
| Sweden | 2.4 |
| Germany | 0.6 |
| Czechia | 0.5 |
| Greece | 0.5 |
| Malta | 0.4 |
| Croatia | 0.2 |
| Portugal | -0.3 |
| Poland | -0.4 |
| Slovenia | -0.5 |
| Cyprus | -0.6 |
| Finland | -1.0 |
| Romania | -1.7 |
| Austria | -1.8 |
| France | -2.1 |
| Slovakia | -2.7 |
| Latvia | -4.2 |
| Estonia | -4.5 |
| Luxembourg | -4.7 |
| Lithuania | -5.3 |
| Italy | n/a |
