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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BelgiumBelgium Producer Price Index YoY climbed to 8.7% in April 2026
FMPMonthlyReleased May 2026
Belgium Producer Price Index YoY climbed to 8.7% in April 2026, released May 2026, up 5.2% from March's 3.5% reading. The print exceeded the 4.4% consensus by 4.3%. Producer Price Index YoY has now risen for 5 consecutive months. Over the past 3 months, Producer Price Index YoY averaged 1.55%, vs -1.17% in the prior 3-month window. Producer Price Index YoY is now the highest in 15 months.
Latest Release
8.7
Actual
4.4
Consensus
3.5
Previous
Median Absolute Error
±0.48 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 4.3
Actual: 8.7
Error: -4.4
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.37 | COMMODITIES | Bullish XAU | → View |
| EUR/USD | ▲ Direct | +0.26 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Belgium) was reported at 8.7% in May 2026. This beat the market consensus of 4.4% by 4.3%. The reading rose from the previous value of 3.5%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 0.36%, ranging from -1.8% to 8.7% across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 2.57%, up from the prior three at -1.1%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 0.48%.
WHAT TO WATCH NEXT
The next release is scheduled for June 30, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Producer Price Index YoY - BE
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About Producer Price Index YoY — Belgium
DEFINITION
Belgium's Producer Price Index YoY surged to 8.700% in May, sharply beating the 4.400% estimate and rising from April's 3.500%. This marks a significant acceleration in producer inflation, indicating mounting cost pressures in the economy. Market focus will remain on how this inflation spike influences ECB policy and upcoming economic data. Updated 5/29/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 8.7 %, consensus 4.4 %. Prior reading (Mar 2026): 3.5 %. Before that (Feb 2026): -0.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.