According to the report from Eurostat, in May 2021, industrial producer prices rose by 1.3% in the euro area and by 1.4% in the EU, compared with April 2021. Economists had expected a 1.2% increase in the euro area. In April 2021, prices increased by 0.9% in both the euro area and the EU. In May 2021, compared with May 2020, industrial producer prices increased by 9.6% in both the euro area and the EU. Economists had expected a 9.5% increase in the euro area.

Industrial producer prices in the euro area in May 2021, compared with April 2021, increased by 2.1% in the energy sector, by 1.8% for intermediate goods, by 0.4% for capital goods and by 0.3% for durable consumer goods and for non-durable consumer goods. Prices in total industry excluding energy increased by 0.9%.

In the EU, industrial producer prices increased by 2.3% in the energy sector, by 1.9% for intermediate goods, by 0.4% for capital goods and for durable consumer goods, and by 0.3% for non-durable consumer goods. Prices in total industry excluding energy increased by 1.0%.