Belgium - Producer Price Index (PPI)

For Belgium, monthly price indexes for output prices in industry excluding construction (i.e., NACE Rev. 2 sections C, D and E), broken out by economic activity and by utilization (i.e., main industial grouping, MIG). Also known as the producer price index (PPI).

The output price index in industry is reported for five markets (total, domestic, non-domestic, euro zone, non-euro zone), but Data Buffet carries only the "total market" slice. The dataset previously included a raw materials price index (RMPI), which was terminated in 2015.

Active:

• Classification:
  • Taxonomy: NACE Rev. 2
  • Scope: Sections C to E
• Measurements: Fixed-base index relative to 2021 (Index 2021=100)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start date: Uniformly 2010m1
• Geo coverage: Country

Predecessors, PPI:

• 2010=100 - 2010m1* to 2024m6 ("_10")
• 2005=100 - 2001m1* to 2014m6 ("_05")
• 2000=100 - 1995 m1to 2009m12 ("09")

Predecessors: RMPI:

• 2010=100 - 1996m1 to 2015m8 (no specifier)
• 2000=100 - 1996m1 to 2010m12 ("00")

The source writes:

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.

Data are collected and published by Statistics Belgium. Results available one month after the reference period.

Statistics produced pursuant to a European legal obligation: Council Regulation (EC) No 1165/98 of 19 May 1998 concerning short-term statistics ; Regulation (EC) No 1158/2005 of the European Parliament and of the Council of 6 July 2005 amending Council Regulation (EC) No 1165/98 concerning short-term statistics

Moody's Analytics supplements

For the PPI general index, we back-extend (1957m1 to 2009m12) using a predecessor and the IMF IFS release. We construct a seasonally adjusted counterpart using the U.S. Census Bureau's X-13ARIMA-SEATS program.

Further reading

At NBB.Stat:

• Producer price indices 

At Statistics Belgium:

• Output price (industry)
• Producer price indices in the industry.pdf
• Producer price index: transition from base year 2005 = 100 to 2010 = 100
• Producer price index: transition from nomenclature NACE03 to NACE08

At IMF (SDDS Plus):

• Price index: Producer prices (Jan 2024)

• Sep 2005 - Initial version.
• Apr 2010 - PPI reclassified to NACEBEL08, rebased to 2005.
• Feb 2011 - RMPI rebased to 2010.
• Dec 2014 - PPI rebased to 2010.
• 27 Dec 2022, Phillip Thorne - Further reading.
• 10 Sep 2024, Phillip Thorne - Rebased to 2021: Properties, Moody's Analytics supplements, Further reading.