European Prices and Wage Costs Forecast
Critical Economic Data, Insight, and Analysis To Make More Effective Purchasing Decisions
Covering over 1500 price forecasts, the European Pricing and Purchasing service provides the most comprehensive outlook for pricing and wage rates in Europe. Built on our proven forecasting models, and enhanced with our in-house expertise on market dynamics, we take our estimates beyond broad inflation rates or historical trends to give you the tools you need to make smarter, timely, and more advantageous purchasing decisions.
The service provides coverage for 25 European countries including Emerging Europe, Russia and Turkey. Our in-depth market analyses of prices, demand and supply; coupled with a clear view on suppliers' cost structures provide you the leverage in contract negotiations.
Clients rely on the service for:
- Sourcing guidance
- Contracting
- Input cost breakdowns
- Benchmarking
- Budgeting
The European Prices and Wage module is provided via Connect ®, our client web site, as well as through regular access to our commodity experts through webinars, videos, telephone and email access. Weekly, Monthly and Quarterly analysis keeps clients fully informed of key changes and risks to price fluctuations and market conditions.
What's Included
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Reports and Analysis
Weekly Pricing Pulse – a snapshot of headline prices indexes
- Weekly overview of historic price movements for 10 key industrial materials indexes
Monthly Commodity Price Watch – latest price pressures and market changes
- European price coverage for 40 key commodities – a two-year outlook
- Monthly newsletter provides analysis of price changes and the fundamentals driving key costs – energy, ferrous & nonferrous metals and chemicals prices
- Monthly PPT deck examines key trends impacting various markets
Market Insights – regular analysis of the pricing environment by sector and region. The ultimate source for understanding costs and improving supplier negotiations, comprehensive industry and geographic analysis provides:
- Segmented reviews of prices, supply, and demand by industry and geography
- Sourcing Guidance section with insight on timing buys for major commodities
- Dynamic tables outlining market conditions – economic outlooks as well as market drivers
- Analyst access to discuss latest market dynamics and price implications
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Forecasts and Data
- Ten Year Forecasts updated quarterly – web-based data access allows for easy cost analysis and tracking
- Forecast of over 1500 commodity prices and labor rates for 25 European countries including Emerging Europe, Turkey, and Russia - forecast are presented via Cost Analyzer and Excel spreadsheets on Connect.
- Monthly updates for 140+ key commodity concepts – presented in Commodity Price Watch
- Major Forecast Sectors
- Steel
- Plastics and polymers
- Wages and benefits
- Fabricated metals
- Building materials
- Services
- Nonferrous metals
- Machinery and equipment
- Overhead
- Metal alloys
- Electronic components
- Aggregate inflation
- Energy
- Paper and packaging
- Finished goods
- Chemicals
- Logistics
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Tools and Calculators
- Connect ® Maximize your subscription content with Connect – our state-of-the-art business intelligence platform
- Real-time reporting: Read updated analysis and commentary as data releases and events warrant
- Email alerts: Set up notifications for updates to categories of interest
- Rapid data retrieval: Access analysis and data in a single search
- Formatting/presentation tools: Format data by relevant indices and build customizable, presentation-ready graphs
- Flexible export: Export all forecast tables in multiple formats (Excel, PDF, PowerPoint)
- Automated content refreshes: Save searches and update content automatically
- The Cost Analyzer –Puts the breadth of the Pricing & Purchasing commodity price coverage across 60 geographies at your fingertips. The Cost Analyzer allows for deep insight into past and future price changes so you can cut spending, assess your buying performance and favorably negotiate purchase contracts. Providing input cost breakdowns for over 300 commodity areas, the Analyzer enables clients to:
- Analyze/Alter/Combine individual data series relevant to your business questions in a dedicated workspace
- Export the data in refreshable Excel workbook or PowerPoint to plug into existing models, tools or applications for further analysis
- Perform margin analysis on supplier industries
- Customize or alter 500+ pre-built cost models to check the competitiveness of a supplier's price
- Alloy Cost Calculator – allows quick, accurate assessment of metal alloy costs using the latest Pricing and Purchasing forecast. Understand cost breakdowns for almost 300 alloys and specialty steels for the European region.
- Polymer Cost Calculator – designed for plastics processors and end-users to estimate costs for specialized polymer compounds and blends using the latest Pricing and Purchasing forecast.
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Client Privileges
- Full access to our Pricing and Purchasing team for ad-hoc requests and questions
- Quarterly webcasts – Each quarter the Pricing and Purchasing team hosts a one-hour webcast to present our latest price outlook, focusing on how to effectively and efficiently leverage our price and wage data to time buys and negotiate better.
- Regional Pricing and Purchasing conferences
Research & Analysis
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