December 2014 eurozone PPI -1.0% vs -0.7% exp m/m

• Prior -0.3%
• -2.7% vs -2.5% exp y/y. Prior -1.6%
• EU 28 states -1.0% vs -0.4% prior

Look at all the juicy margin increasing price falls. European companies should be lapping it up

Of course energy is the driver falling 3.1% from -0.8% in Nov while prices are flat to down elsewhere

Eurozone PPI details 03 02 2015

Another price drop, another rise in the euro as it looks to put some distance in from 1.1300 and currently sits at 1.1340

Eurozone PPI chart mm yy 03 02 2015