Eurozone May PPI +0.8% vs +0.5% m/m expected
Latest data released by Eurostat - 3 July 2018
- Prior 0.0%
- PPI +3.0% vs +2.7% y/y expected
- Prior +2.0%; revised to +1.9%
Slightly better producer prices but not going to matter all too much as the data here is a lagging indicator of inflationary pressures. We already had the June CPI preliminary readings for the Eurozone last week.