Euro zone industrial producer prices for January fell -0.8% m/m and -0.5% y/y (weaker than median forecasts of -0.2% and +0.5% respectively) On top of that, Decembers’ numbers were downwardly revised to -1.5% m/m from initial -1.3% ,and to +1.2% y/y from initial +1.8%.
Just more evidence of weakening price pressures.
