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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
European UnionEurozone Producer Price Index MoM fell to 0.2% in May 2026
FMPMonthlyReleased July 2026
Eurozone Producer Price Index MoM fell to 0.2% in May 2026, released July 2026, down 0.5% from April's 0.7% reading. The reading matched the 0.2% consensus. Producer Price Index MoM has now declined for 3 consecutive months. Over the past 3 months, Producer Price Index MoM averaged 1.1%, vs 0.3% in the prior 3-month window. The reading is in the 47th percentile of the trailing 24-month range.
Latest Release
0.2
Actual
0.2
Consensus
0.7
Previous
Median Absolute Error
±0.22 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 0.3
Actual: 0.2
Error: +0.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| DAX | ▲ Direct | +0.86 | INDEX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.75 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.69 | CRYPTO | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.68 | INDEX | Moves with | → View |
| EUR/CHF | ▼ Inverse | −0.51 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index MoM (European Union) was reported at 0.2% in July 2026. This matched the market consensus of 0.2% exactly. The reading fell from the previous value of 0.7%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.26%, ranging from -0.3% to 0.8% across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 0.5%, up from the prior three at 0.1%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with DAX (Bullish DAX). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.23%.
WHAT TO WATCH NEXT
The next release is scheduled for August 5, 2026. Same-country events in the next 14 days include CFTC EUR speculative net positions (Jul 31) and ECB Economic Bulletin (Aug 6).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Producer Price Index MoM - EU
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About Producer Price Index MoM — European Union
DEFINITION
The EU Producer Price Index MoM rose 0.20% in June, matching estimates but down sharply from May’s 0.70%. June’s increase signals a continued slowdown in producer price inflation after the prior month’s stronger gain. Market focus remains on upcoming inflation data and ECB policy decisions amid easing price pressures. Updated 7/8/26
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 (May 2026): actual 0.2 %, consensus 0.2 %. Prior reading (Apr 2026): 0.6 %. Before that (Mar 2026): 3.4 %.
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. This indicator correlates most strongly with DAX (Bullish DAX, r=0.86) — a useful reference for index-focused traders.
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Economic Calendar - EU Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | EU | Economic Sentiment | 96.9 | 95.4 | 96 | 96.45 | Medium |
| 09:00 | EU | Services Sentiment | 4.7 | 4.2 | 3.8 | 4.25 | Low |
| 09:00 | EU | Gross Domestic Product YoY | 1 | 0.3 | 0.5 | 0.75 | Medium |
| 09:00 | EU | Unemployment Rate | 6.3 | 6.3 | 6.2 | 6.25 | Medium |
| 09:00 | EU | Consumer Inflation Expectation | 30.3 | 34 | 38 | 34.15 | Low |
| 09:00 | EU | GDP Growth Rate YoY | 1 | 0.5 | 0.5 | 0.75 | High |
| 09:00 | EU | Industrial Sentiment | -6.1 | -7.5 | -7 | -6.55 | Low |
| 09:00 | EU | Selling Price Expectations | 17.7 | 22.1 | 25 | 21.35 | Low |
| 09:00 | EU | GDP Growth Rate QoQ | 0.4 | 0 | 0.2 | 0.30 | High |
| 09:00 | EU | Gross Domestic Product QoQ | 0.4 | -0.2 | 0.2 | 0.30 | Medium |
| 09:00 | EU | Consumer Confidence | -15.9 | -17.6 | -15.9 | -15.90 | Low |