Eurozone March PPI -0.4% vs -0.4% m/m expected

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  • Prior -1.0%; revised to -1.1%

Looking at the breakdown:

  • Intermediate goods +0.1%
  • Capital goods +1.8%
  • Durable consumer goods +0.1%
  • Non-durable consumer goods +0.4%
  • Energy -1.8%

Not too positive in the details as the drag on the headline mainly comes from a drop in energy prices.

This article was written by Justin Low at

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