• Prior -0.5%; revised to -0.4%
  • PPI +5.9% vs +5.9% y/y expected
  • Prior +13.2%; revised to +13.3%

The main drag on producer prices on the month is once again energy and if you exclude that, prices in total industry actually increased by 0.2% in the euro area. Here's the breakdown:

  • Energy prices -4.4%
  • Intermediate goods -0.4%
  • Capital goods +0.2%
  • Durable consumer goods +0.2%
  • Non-durable consumer goods +0.8%