Industrial producer prices in the Euro Area rose 0.7% month over month in January 2026, reversing a 0.3% decline in December and surpassing market expectations of a 0.2% increase. The rebound was largely driven by higher energy prices (1.3% vs. -1.2% in December), alongside stronger gains in intermediate goods (1.0% vs. 0.3%), durable consumer goods (0.8% vs. 0.2%), and capital goods (0.6% vs. 0.0%). In contrast, prices for non-durable consumer goods fell 0.2%, extending December’s 0.1% decline. On an annual basis, producer prices were 2.1% lower than a year earlier, following a 2.0% year-on-year decrease in December.
