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

Prior -0.6%

Looking at the breakdown, the jump in June owes much to an increase in energy prices (+3.2%). If you strip that out, euro area producer prices were actually down 0.1% on the month. That comes amid a decline in prices for intermediate goods (-0.2%), offset by increases in prices for capital goods (+0.1%), durable consumer goods (+0.1%), and non-durable consumer goods (+0.2%).

This article was written by Justin Low at investinglive.com.

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