Euro zone producer prices fell 2.1% year-over-year in December 2025, accelerating from a 1.4% decline recorded in November 2025, according to data updated on 4 February 2026. The figures, measured on a year-over-year basis, highlight a further softening in pipeline inflationary pressures across the currency bloc.
The latest print shows that December’s producer price index (PPI) decline was steeper than in the previous month, when November’s reading stood at -1.4% compared with November a year earlier. By contrast, December’s -2.1% reading reflects a deeper drop versus the same month a year ago, reinforcing the picture of ongoing disinflation at the producer level.
The year-over-year comparison framework indicates that both the “previous” and “actual” figures are measured against their respective months a year earlier, underscoring a clear downward trajectory in PPI as 2025 drew to a close. Investors and policymakers will be watching whether this negative trend in producer prices continues to filter through to consumer inflation in the months ahead.
