economy
April 8, 2026
WHAT IS HAPPENING IN THE EUROZONE? Prices began to fluctuate as soon as the ceasefire was announced
Industrial producer prices in the eurozone fell by 0.7% month-on-month in February, while they decreased by 0.5% in the European Union, but the consequences of the war in Iran could reverse the situation in March statistics.
TL;DR
- Eurozone producer prices fell 0.7% month-on-month and 3% year-on-year in February.
- A 2.4% decrease in energy prices was the primary reason for the monthly decline.
- Excluding energy, producer prices rose slightly by 0.1% in the Eurozone.
- Spain, Ireland, and Portugal saw the largest monthly price decreases.
- Croatia, Finland, and Lithuania experienced the largest monthly price increases.
- Annual energy prices dropped by 11.7% in the Eurozone.
- Geopolitical events like the war in Iran could impact future price statistics.