Eurozone PPI rose 0.1% mom, down -1.9% yoy in October, versus expectation of 0.0% mom, -1.9% yoy. On monthly comparison, Eurozone PPI rose by 0.7% mom in the energy sector, by 0.3% mom for non-durable consumer goods and by 0.1% mom for both capital goods and durable consumer goods, while they fell by -0.3% mom for intermediate goods. Prices in total industry excluding energy fell by -0.1% mom.

In EU28, PPI rose 0.1% mom, 1.6% yoy. The highest increases in industrial producer prices were recorded in Belgium (2.3% mom), Netherlands (0.9% mom), Denmark and Spain (both 0.5% mom), while the largest decreases were observed in Greece (-2.0% mom), Estonia (-0.7% mom), and Latvia (-0.6% mom).


source_https://www.actionforex.com/