Eurozone July PPI +2.3% vs +1.1% m/m expected

Latest data released by Eurostat - 2 September 2021

  • Prior +1.4%
  • PPI +12.1% vs +11.0% y/y expected
  • Prior +10.2%

Another month, another surge higher in producer prices and that continues to reaffirm stronger trends in inflation developments. If anything else, expect more of the same to continue through to the year-end.

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