How to read it
A positive gap means producer-price inflation exceeds consumer inflation. A negative gap means consumer inflation is higher.
Benchmark · monthly · pp
European producer vs consumer inflation
Is producer inflation running above consumer inflation?
European producer vs consumer inflation tracks PPI YoY minus HICP YoY. It uses monthly data.
European producer vs consumer inflation tracks PPI YoY minus HICP YoY. It uses monthly data.
- Producer inflation
- 4.4%
- Consumer inflation
- 2.7%
- PPI–HICP gap
- +1.7 pp
- Three-month change
- +6.7 pp
- from −5.0 pp
- Historical percentile
- 70th
- of 307 readings · since 2000-12-31
European producer vs consumer inflation
Producer inflation
Consumer inflation
| Series | First | Latest | Min | Max |
|---|---|---|---|---|
| Producer inflation | 4.20 | 4.40 | -10.00 | 40.10 |
| Consumer inflation | 2.60 | 2.70 | -0.60 | 10.60 |
How this is calculated
PPI YoY minus HICP YoYPIER20 calculates this benchmark from official observations from Eurostat. The formula is PPI YoY minus HICP YoY. The source table lists each selector and source link.
The latest data is from June 2026. The Producer inflation reading is 4.40%. The Consumer inflation reading is 2.70%. The PPI–HICP gap reading is 1.70 pp. The Producer inflation line is up 3.8 pp over the past year. It is above its long-run median of 1.90%.
How to read it
How this benchmark is used
Why traders watch it
Traders use this benchmark to compare upstream price pressure with consumer inflation.
Frequently asked questions
4 answersWhat is the latest reading for European producer vs consumer inflation?
The latest data is from June 2026. The Producer inflation reading is 4.40%. The Consumer inflation reading is 2.70%. The PPI–HICP gap reading is 1.70 pp. The Producer inflation line is up 3.8 pp over the past year. It is above its long-run median of 1.90%.
How often does this benchmark update?
The source publishes monthly data. PIER20 updates the page after each new observation. The chart shows the data date and fetch date.
What data sources does this chart use?
Eurostat publishes the data. The methodology section lists each source series.
Where does the data come from?
Eurostat publishes the source data. The source table lists each series and its exact link.