Eurozone PPI oct m/m -0.5% vs -0.2% exp

• +0.2% prev revised up from +0.1%
• y/y -1.4% vs -1.0% exp
• -0.9% prev

Softer producer price data is another dampner on inflation and the picture remains a confusing one.

EURUSD 1.3570 EURGBP 0.8267 EURJPY 139.44