Latest data released by Eurostat - 6 January 2020
- Prior +0.1%
- PPI -1.4% vs -1.5% y/y expected
- Prior -1.9%
Producer prices improve a little in the month of November but on an annual basis, continues to sit in deflation territory for a fourth straight month. That isn't too good a sign for inflation pressures but then again this is a bit of a lagging indicator since it is November data.
