Producer Price Index (PPI) m/m shows the changes in manufactured goods prices in the specified month compared to the previous one. The indicator is calculated from the manufacturers' perspective and reflects basic prices not including VAT and similar taxes directly related to products turnover.
The indicator is used to assess the euro area inflation.
The indicator growth can have a positive effect on the euro quotes.
The chart of the entire available history of the "European Union Producer Price Index (PPI) m/m" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.