Euro area producer prices fell -2.2% MoM in April 2025 (vs -1.7% MoM in March), but rose +0.7% YoY, supported by strength in consumer and capital goods.

• Energy prices plunged -7.7% MoM and were down -0.3% YoY; excluding energy, PPI rose +0.1% MoM and +1.1% YoY.
• Intermediate goods prices fell -0.1% MoM but rose +0.4% YoY.
• Capital goods prices were flat MoM but up +1.6% YoY; durable and non-durable consumer goods rose +0.1% and +0.3% MoM, respectively.
• The largest MoM declines came from Bulgaria (-4.9%), France (-4.3%), and Ireland (-4.0%).