Latest data released by Eurostat - 4 March 2019
- Prior -0.8%
- PPI +3.0% vs +2.9% y/y expected
- Prior +3.0%
Producer and import prices improved in January in the Eurozone but the data here means little as it acts as a proxy for inflationary pressures, and is one that is rather lagging. We already had February CPI figures last week, so the release here offers little of anything new to markets.