Eurozone April PPI -1.0% vs -0.4% m/m expected ...Middle East

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Eurozone April PPI -1.0% vs -0.4% m/m expected
source : forex live ( Middle East ) () 90
Prior -0.4%PPI -5.7% vs -5.3% y/y expectedPrior -7.8%Producer prices in the euro area declined in April but owes much to a drop in energy prices. If you strip that out, PPI actually increased by 0.2% on the month instead. Here's the breakdown:Intermediate goods +0.3%Energy -3.6%Capital goods +0.2%Durable consumer goods +0.2%Non-durable consumer goods +0.1% This article was written by Justin Low at www.forexlive.com.

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