Latest data released by Eurostat - 4 November 2021
- Prior +1.1%
- PPI +16.0% vs +15.4% y/y expected
- Prior +13.4%
Another month, another surge higher in producer prices as rising cost pressures in general are feeding into inflation across all areas. This will feed through to higher consumer inflation so as long as the trend keeps up, expect inflation pressures to stay elevated.
