Eurozone June PPI +0.5% vs +0.4% m/m expected ...Middle East

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Eurozone June PPI +0.5% vs +0.4% m/m expected
Prior -0.2%Looking at the breakdown, there was an increase in prices for intermediate goods (+0.1%), energy (+1.6%), capital goods (+0.1%), and non-durable consumer goods (+0.1%). The price for durable consumer goods was stable on the month. If you strip out energy prices though, the prices for the total industry would've only reflected a 0.1% increase in June. This article was written by Justin Low at www.forexlive.com.

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