Cyprus recorded the sharpest monthly increase in industrial producer prices across the European Union in May 2026, according to the latest Eurostat data.
Producer prices rose 3.6% compared with April, the strongest increase among all member states and well above the EU average.
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Euro Area And EU Prices Rise Modestly
Across both the euro area and the EU, industrial producer prices increased by 0.2% in May, following monthly gains of 0.7% and 0.8%, respectively, in April.
Compared with May 2025, producer prices were up 5.9% in the euro area and 5.7% across the EU.
Energy And Intermediate Goods Shape Price Trends
Intermediate goods prices rose 1.4% month on month in both the euro area and the EU, while energy prices declined 1.0%. Excluding energy, producer prices increased 0.7% in both regions.
Capital goods and durable consumer goods also recorded modest monthly gains, while non-durable consumer goods edged slightly lower.
Cyprus Leads Monthly Increase
Following Cyprus, the largest monthly increases were recorded in Ireland, where producer prices rose 2.8%, and the Netherlands, at 1.9%.
Meanwhile, Croatia posted the steepest monthly decline at 2.1%, followed by Hungary (1.3%) and Italy (0.5%).
Bulgaria Tops Annual Growth
On an annual basis, Bulgaria recorded the largest increase in industrial producer prices, at 19.3%, ahead of Romania (13.5%) and Lithuania (12.3%).
Luxembourg was the only EU member state to report an annual decline, with producer prices falling 3.2%.
