Eurozone February PPI +0.5% vs +0.6% m/m expected
Latest data released by Eurostat - 8 April 2021
- Prior +1.4%; revised to +1.7%
- PPI +1.5% vs +1.3% y/y expected
- Prior 0.0%; revised to +0.4%
The positive readings here reaffirm a continued rebound in producer prices and the pace is seen picking up to start the new year, reflecting stronger price pressures in general across the region - as already observed in the consumer inflation readings previously.