November 2014 eurozone PPI -0.3% vs -0.1% exp m/m

• Prior -0.4%. Revised to -0.3%
• -1.6% vs -1.4% exp y/y. Prior -1.3%
• EU 28 states -0.4% vs -0.5% prior m/m
• -1.8% vs -1.6% prior y/y

These numbers are lagging and energy only showed a marginal drop (-0.7% vs -0.8% prior m/m). We’re likely to see a larger mover in the Dec numbers.

Eurozone PPI details 08 01 2015

Eurozone PPI chart mm yy 08 01 2015