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Eurozone January PPI -2.8% vs -0.3% m/m expected

Eurozone January PPI -2.8% vs -0.3% m/m expected
  • PPI +15.0% vs +17.7% y/y expected
  • Prior +24.6%

It's all about the details when it comes to the report, so don't get fooled by the larger-than-expected headline drop. If you strip out energy prices, total producer prices actually increased by 1.1% in January. Here's the monthly breakdown:

  • Energy prices -9.4%
  • Intermediate goods +0.8%
  • Capital goods +1.2%
  • Non-durable consumer goods +1.5%
  • Durabl... Read More
Posted: Mar 3 2023, 10:02
Author Name: forexlive
Views: 111636

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