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Eurozone November PPI -0.9% vs -0.9% m/m expected

Eurozone November PPI -0.9% vs -0.9% m/m expected
  • Prior -2.9%
  • PPI +27.1% vs +27.5% y/y expected
  • Prior +30.8%

The drop in producer prices in November was largely to do with the energy sector (-2.2%) with intermediate goods (-0.4%) also showing a marginal decline. Elsewhere, the prices for durable consumer goods (+0.2%), capital goods (+0.3%) and non-durable consumer goods (+0.6%) all moved higher. If you exclude energy, prices for the total industry actually increased by 0.1... Read More

Posted: Jan 5 2023, 10:00
Author Name: forexlive
Views: 111547

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