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Eurozone April PPI -3.2% vs -3.1% m/m expected

Prior -1.6%; revised to -1.3%PPI +1.0% vs +1.4% y/y expectedPrior +5.9%; revised to +5.5%Looking at the details, the large chunk of the decline on the month comes from energy (-10.1%) with a fall also observed in intermediate goods (-0.6%). That is offset by price rises in capital goods (+0.4%), durable consumer goods (+0.2%) and non-durable consumer goods (+0.3%). If you strip out energy, producer prices were only seen declining 0.1% on the month. This article was written by Ju... Read More

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Eurozone

April

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Forex

Posted: Jun 5 2023, 09:00

Author Name: forexlive

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