9月3日に発表されたユーロ圏の2025年7月の工業製品の生産者物価指数は、前年同月比0.4%上昇しました。前年同月比では、3カ月連続の下落の後、2カ月連続の上昇となりました。
同日に発表されたFRBのベージュブックには、「多くの世帯で賃金が物価上昇に追いついていないため、各地区の消費者支出は横ばいから減少したと回答した」、「11地区は雇用水準の純増がほとんどまたは全くないと回答した一方、1地区は若干の減少を報告した」、「ほぼすべての地区が関税関連の価格上昇を指摘し、多くの地区の回答者は関税が特に投入財の価格に影響を与えていると報告した」と記載されています。
データ出所：Eurostat
Board of Governors of the Federal Reserve System of U.S.
The industrial producer prices in the euro area in July 2025, which was announced on 3rd September 2025, rose by 0.4 percent from the same month a year earlier. Compared with the same month a year earlier, it rose for two consecutive months after fell for three consecutive months.
The FRB Beige book, which was announced on the same day, says "Across Districts, contacts reported flat to declining consumer spending because, for many households, wages were failing to keep up with rising prices.", "Eleven Districts described little or no net change in overall employment levels, while one District described a modest decline. ", "Nearly all Districts noted tariff-related price increases, with contacts from many Districts reporting that tariffs were especially impactful on the prices of inputs.".
Data source : Eurostat
Board of Governors of the Federal Reserve System of U.S.
