Eurozone May PPI +0.8% vs +0.5% m/m expected

Author: Justin Low | Category: News

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.

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