Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Eurozone producer prices skyrocketed in December, surging by 2.9% over November, taking the annual pace of increase to a staggering 26.2% from 23.7% in November. Energy prices surged by 7.0% between November and December for a 73.4% annual pace as natural gas prices jumped in the final month of the year. Excluding energy, PPI rose by 0.5% over the month for a 10.0% gain over the final month of 2020.
However, factory gate inflation was elevated across the board. PPI for intermediate goods accelerated to an annual rate of 18.6% from 18.3% in November, while prices for durable consumer goods rose to 4.8% from 4.7% a month earlier. Non-durable goods PPI accelerated to an annual rate of 4.5% form 3.8% previously.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.