Eurozone February PPI +0.2% vs +0.1% m/m expected ...Middle East

Prior +0.8%; revised to +0.7%PPI +3.0% vs +3.0% y/y expectedPrior +1.8%; revised to +1.7%

Looking at the breakdown, there were increases in prices for intermediate goods (+0.4%), energy (+0.2%), capital goods (+0.2%), and non-durable consumer goods (+0.1%). That is just marginally offset by a decline in prices for consumer goods (-0.1%).

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

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