Eurozone producer prices rose by 2.5% month over month in October 2026, following an upwardly revised 2.0% increase in September. This marked the sharpest monthly rise since March, when the US-Israeli war with Iran began, as energy prices climbed 7.8%, accelerating from a 5.6% increase in the previous month. Among other components, prices of non-durable consumer goods increased at a faster pace (0.2% vs. 0.1%). In contrast, price growth moderated for intermediate goods (0.2% vs. 0.5%), durable consumer goods (0.3% vs. 0.4%) and capital goods (0.1% vs. 0.2%). On an annual basis, producer price inflation accelerated sharply to 11.1% in October, exceeding market expectations and reaching its highest level since February 2023, highlighting the renewed inflationary pressure stemming primarily from rising energy costs.
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