Eurozone January PPI +0.8% vs +0.5% m/m expected ...Middle East

Prior +0.4%; revised to +0.5%

Looking at the breakdown, there were increases across all sectors with a rise in prices for intermediate goods (+0.3%), energy (+1.7%), capital goods (+0.7%), durable consumer goods (+0.6%), and non-durable consumer goods (+0.2%). If you strip out energy prices, overall producer prices were up by 0.4% on the month.

This article was written by Justin Low at www.forexlive.com.

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