Euro Area PPI: August 2025

Euro area industrial producer prices fell -0.3% MoM and -0.6% YoY in August 2025, while EU-wide prices declined -0.4% MoM and -0.4% YoY, reflecting broad weakness led by energy.
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In the euro area, energy prices dropped -1.3% MoM and -4.1% YoY, offsetting small gains in capital goods (+0.1% MoM, +1.8% YoY), durable goods (+1.6% YoY), and non-durable goods (+0.1% MoM, +2.0% YoY).
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Intermediate goods edged down -0.1% MoM and -0.3% YoY, showing continued softness in supply chain pricing.
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In the EU, energy also weighed heavily (-1.4% MoM, -3.4% YoY), while capital goods (+0.1% MoM, +1.7% YoY), durable consumer goods (+1.6% YoY), and non-durable goods (+0.1% MoM, +2.2% YoY) posted modest increases.
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Prices in total industry excluding energy were stable MoM and up +1.0% YoY in both the euro area and EU, underscoring energy’s role in headline weakness.
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Country detail: Estonia (+5.4% MoM), Finland (+1.9%), and Slovakia (+1.3%) saw the strongest monthly gains, while Denmark (-1.3%), the Netherlands (-1.0%), and Romania (-1.0%) posted the steepest declines.
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Annually, Bulgaria (+9.1%), Sweden (+4.1%), and Romania (+3.1%) recorded the largest increases, while Portugal (-4.3%), Luxembourg (-4.2%), and Estonia (-3.2%) saw the sharpest falls.