EL7.AI
Macro EconomyMedium•5 November 2026•
1 min read

Eurozone PPI Surges to 11.1% in September, Exceeding Market Forecasts

Key Facts

1Eurozone industrial producer price inflation accelerated to 11.1% YoY in September, exceeding market expectations of 10.9%.
2On a monthly basis, producer prices increased by 2.5% in September, up from an upwardly revised 2.0% in August.

Eurozone industrial producer price inflation accelerated to 11.1% year-on-year in September, exceeding market expectations of 10.9%. ActionForex reported that on a monthly basis, producer prices increased by 2.5%, up from 2.0% in the previous month.

The surge was primarily driven by the energy sector, where annual inflation jumped from 21.0% to 30.8%, while price pressures in non-energy industrial sectors remained subdued. This follows data showing the Eurozone annual inflation rate reached 4% on November 4, 2026, while the core inflation rate remained stable at 2.5% on the same date.

ECB President Christine Lagarde is scheduled to deliver a speech on November 5, 2026, following these releases which indicate persistent inflationary pressures at the production level.