European Union Industry Selling Price Expectations

Country:
European Union
EUR, Euro
Sector:
Business
Low -0.7 3
3.5
Last release Importance Actual Forecast
Previous
0.7
-0.7
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

Since May 2003, the European Commission has been collecting direct quantitative information on entrepreneurs' perceptions and expectations of inflation in the Euro zone, in the European Union (EU) and in the accession countries through its business survey. It is about entrepreneurs' views on inflation, which are relevant for policy purposes, in particular because they are readily available and provide information on the expectations of economic agents.

The normal producer price index (also called PPI) measures only the current inflation of producer prices, not future ones. Although the data of subjective estimates of more than 100,000 firms are biased, this error can to some extent be corrected mathematically, making survey data indispensable for economic surveillance in the EU and for monitoring the economic prospects of Economic and Monetary Union and the economic development of the candidate countries. They are used for the half-yearly economic forecasts and for the analysis of cyclical developments (e.g. identification of turning points) and by several different Commission services, including the ECB and the OECD.

Surveys are collected in the first half of the month and published on the last day of the month. The possible answers to the two questions on current and expected price developments are limited to 6 answers: strong, moderate or slightly rising, steady, falling or do not know.

The impact of the published figures depends heavily on the current economic environment. Inflation that is too high could induce the ECB to raise interest rates, which in turn could lead to a rise in the currency. In difficult economic times, however, rising inflation could deepen a recession even further, which would depress the currency.

Last values:

actual data

forecast

The chart of the entire available history of the "European Union Industry Selling Price Expectations" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Mar 2020
-0.7
3
3.5
Feb 2020
3.8
1.8
2.9
Jan 2020
3
0.7
2.1
Dec 2019
1.9
1
0.7
Nov 2019
0.7
2.2
1.1
Oct 2019
1.6
1.4
Sep 2019
1.6
2.3
Aug 2019
2.2
1.4
Jul 2019
1.7
3.2
Jun 2019
3.3
5.3
May 2019
5.3
5.2
Apr 2019
5.2
6.9
Mar 2019
7
9
Feb 2019
8.9
10.7
Jan 2019
10.9
13
Dec 2018
12.3
11.2
Nov 2018
11.3
9.7
Oct 2018
9.5
11.6
Sep 2018
11.6
10.5
Aug 2018
10.3
9.6
Jul 2018
9.7
10.1
Jun 2018
9.9
9.3
May 2018
9.3
9.9
Apr 2018
10.4
11.6
Mar 2018
11.5
12.6
Feb 2018
12.6
12.4
Jan 2018
12.4
13
Dec 2017
13.4
11.1
Nov 2017
11.1
8.7
Oct 2017
8.6
10.5
Sep 2017
10.5
8.1
Aug 2017
8.3
7.5
Jul 2017
7.5
7.1
Jun 2017
7.2
8.2
May 2017
8.2
8.2
Apr 2017
8.2
9.6
Mar 2017
9.8
9
Feb 2017
9
8.3
Jan 2017
8.3
5.4
Dec 2016
4.9
4.9
Nov 2016
4.8
3.5
Oct 2016
3.2
0
Sep 2016
0
-0.8
Aug 2016
-0.8
0.2
Jul 2016
0.2
0.6
Jun 2016
0.7
-0.7
May 2016
-0.7
-2.8
Apr 2016
-2.4
-4.6
Mar 2016
-4.4
-5.6
Feb 2016
-5.5
-4.1

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Display area

Widget type

Display information

Default calendar period

Widget language

Date format

Your embed code

Copy widget codeCopied

Preview