Details of the September 2016 Eurozone PPI data report 4 November 2016
Prior -0.2%
-1.5% vs -1.8% exp y/y. Prior -2.1%. Revised to -1.9%
EU28 states 0.2% vs -0.2% prior m/m
-1.1% vs -1.5% prior y/y
The trend is certainly clear from the chart below but while energy is the main driver, that not going to bother the ECB if it's the cause of inflation rising.
Eurozone PPI y/y