Eurozone July PPI +0.4% vs +0.3% m/m expected

Latest data released by Eurostat - 4 September 2018

  • Prior +0.4%
  • PPI +4.0% vs +3.9% y/y expected
  • Prior +3.6%

Not one that will change the inflation picture as this is a lagging data point. We've already had inflation figures for the Eurozone for August last week so this isn't a major release by any means. But the uptrend in prices is encouraging for future inflation trends.

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