Output price index (industry)

February 2024 : Output price index+ 1.4 %

Economic indicators
February 2024 : Output price index+ 1.4 %

In February 2024 compared to the previous month, the producer price index of industry excluding construction has increased by 1.4%. A split of this figure in energy and the rest shows a rise of 2.2% for energy and a rise of 1.2% for total industry except energy. A further breakdown of total industry except energy obtains +0.9% for intermediate goods, except energy, +0.7% for capital goods, +1.5% for durable consumer goods and +1.8% for non-durable consumer goods.

When the general producer price index is subdivided according to destination, a rise of 1.4% on the domestic market and a rise of 1.4% on the non-domestic markets can be observed.

Compared to February of the previous year, the producer price index of total industry excluding construction has decreased by 8.9%. For the domestic market it fell by 13.3% and for the non-domestic markets there was a fall of 2.3%.

Global market
  jan feb march apr may june july aug sep oct nov dec Year
Year 2016 97.1 96.4 97.7 97.7 100.1 101.7 102.0 101.9 103.4 105.9 107.2 108.8 101.7
Year 2017 110.5 110.9 110.0 110.0 109.1 107.9 107.9 108.8 110.0 111.7 113.3 113.3 110.3
Year 2018 113.8 113.1 112.9 113.1 114.5 115.6 116.3 116.9 117.4 120.2 120.5 118.3 116.0
Year 2019 117.3 117.9 118.4 117.6 117.5 116.8 116.1 115.5 116.1 117.6 117.7 118.2 117.2
Year 2020 117.7 116.6 113.4 110.7 107.2 109.5 111.3 111.7 111.9 114.3 114.6 115.7 112.9
Year 2021 118.0 120.7 122.5 124.0 125.6 128.1 132.3 134.0 135.8 146.4 150.7 151.4 132.5
Year 2022 162.6 164.3 170.7 174.3 176.4 178.8 177.8 182.5 185.3 188.9 186.4 185.9 177.8
Year 2023 183.2 180.2 178.7 168.8 166.4 163.8 162.4 161.8 163.4 162.1 162.8 163.0 168.1
Year 2024 161.9 164.2                     163.1
Domestic market
  jan feb march apr may june july aug sep oct nov dec Year
Year 2016 97.4 96.3 97.7 96.8 99.4 100.9 101.1 100.7 102.2 104.8 106.3 108.1 101.0
Year 2017 110.4 110.6 109.8 109.2 108.3 107.4 107.1 108.0 109.4 112.0 113.9 113.8 110.0
Year 2018 114.6 114.2 114.0 113.9 115.3 116.4 117.6 118.3 119.3 123.6 124.6 122.0 117.8
Year 2019 120.7 121.0 121.2 119.2 119.1 118.6 117.4 116.6 117.3 119.9 120.5 120.9 119.4
Year 2020 120.3 119.1 115.7 112.8 107.6 109.6 112.1 112.7 113.3 117.5 117.8 118.8 114.8
Year 2021 121.8 124.7 126.5 127.5 129.2 132.4 137.9 139.6 142.0 157.9 163.7 164.9 139.0
Year 2022 181.7 182.7 190.3 194.7 197.2 198.9 198.4 206.4 212.3 218.1 213.8 214.4 200.7
Year 2023 207.9 201.4 199.7 181.5 178.3 174.3 173.1 172.1 174.1 173.5 174.0 174.8 182.1
Year 2024 172.2 174.6                     173.4
Non-domestic market
  jan feb march apr may june july aug sep oct nov dec Year
Year 2016 90.7 90.1 91.0 91.5 93.4 94.8 95.0 94.8 96.1 98.0 99.0 100.1 94.5
Year 2017 100.9 101.1 100.0 100.2 99.3 97.8 97.7 98.2 98.9 99.7 100.6 100.5 99.6
Year 2018 100.4 99.4 99.2 99.8 100.9 101.9 102.0 102.4 102.3 102.8 102.3 100.8 101.2
Year 2019 100.3 101.1 101.9 102.8 102.6 101.8 101.7 101.5 102.0 101.7 101.3 102.0 101.7
Year 2020 101.5 100.6 98.2 96.0 94.8 97.3 98.0 98.2 97.9 97.8 98.1 99.0 98.1
Year 2021 100.3 102.5 104.1 105.9 107.1 108.6 110.7 112.4 113.2 116.4 118.6 118.7 109.9
Year 2022 122.6 124.8 129.2 131.7 133.0 135.8 134.5 135.3 134.7 135.9 135.3 133.9 132.2
Year 2023 135.0 135.7 134.7 134.1 132.9 132.0 130.8 130.5 131.6 129.7 130.6 130.1 132.3
Year 2024 130.7 132.6                     131.6
Gross Indices (2010=100)
Total industry excluding construction
Price movements of marketed production
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Content

Output price indices for industry (without construction) for domestic and foreign markets, last 13 months

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Purpose and brief description

The producer price indices are short-term indicators that show monthly price changes in the economical activities sector. They can be an indicator of inflationary pressure in economy but also allow measuring the evolution of prices over longer periods. The global producer price index is divided into producer price indices on internal and external markets.

Population

Belgian local units exercising their principal economic activity in sections NACE C to E

Frequency

Monthly.

Timing publication

Results available 1 month after the reference period

Definitions

Destination market : Total / Domestic / Non-domestic / Eurozone / Non-Eurozone

Producer Price Indices : The producer price indices are short-term indicators that show monthly price changes in the economical activities sector. They can be an indicator of inflationary pressure in economy but also allow measuring the evolution of prices over longer periods. The global producer price index is divided into producer price indices on internal and external markets and the prices of export to countries of the Eurozone and other countries.

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