Details from the May 2016 Eurozone PPI data report 4 July 2016
- Prior -0.3%
- -3.9% vs -4.1% exp y/y. Prior -4.4%
Energy prices rose 1.7% and I'd suggest we're now going to start seeing the rise in oil prices being reflected in price data. In the 28 states it rose 2.8% vs -0.4% prior. You see the trend in energy prices quite clearly.
Eurozone and EU PPI m/m
Elsewhere prices were not much to write home about.
Eurozone PPI y/y