The Global Intermediate Goods Producer Price Index shows significant variation across countries, with Luxembourg leading the list, followed by Belgium and Hungary. Forecasted data for 2024 suggest a notable increase in the index for these countries, reflecting continuous industrial demand and economic conditions. Notably, traditional manufacturing powerhouses like Germany, Italy, and the United States exhibit moderate growth rates. Emerging European countries, including Slovakia and Slovenia, have shown strong upward trends. In contrast, the index remains relatively low in Russia, reflecting unique economic circumstances.
Future trends to watch include:
- Potential stabilizing effects in European economies as inflationary pressures ease.
- Impact of shifting global trade policies on intermediate goods pricing.
- Technological advancements possibly constraining index growth by reducing production costs.
- Raw material supply chain developments that could impact producer price fluctuations.
Top countries in Intermediate Goods Producer Price Index by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Luxembourg | 33.73 | 2022 | View data |
| 2 | 2 Belgium | 28.33 | 2022 | View data |
| 3 | 3 Hungary | 28.02 | 2022 | View data |
| 4 | 4 Netherlands | 25.79 | 2022 | View data |
| 5 | 5 Slovakia | 24.74 | 2022 | View data |
| 6 | 6 Norway | 24.33 | 2022 | View data |
| 7 | 7 Slovenia | 23.01 | 2022 | View data |
| 8 | 8 Estonia | 21.46 | 2022 | View data |
| 9 | 9 France | 21.23 | 2022 | View data |
| 10 | 10 Latvia | 20.17 | 2022 | View data |
