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MNI: EUROZONE DATA: PPI (Mar 2019) Preview - 10:00...>

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MNI: EUROZONE DATA: PPI (Mar 2019) Preview - 10:00 BST
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- Bloomberg Consensus: 0.1% m/m, 3.0% y/y; Previous (Feb): 0.1% m/m, 3.0% y/y
- Annual PPI inflation is expected to hold steady in Mar after a mild 0.1pp
acceleration to 3.0% in Feb
- Producer price pressures have cooled rapidly since the PPI hit a recent peak
of 4.9% y/y in Oct
- On an annual basis, energy prices were up 8.0% in Feb, followed by capital
goods (1.5%), durable consumer goods (1.4%), intermediate goods (1.3%) &
non-durable consumer goods (0.4%)
- The PPI excluding energy rose by less than half the headline rate (1.2%)
- The EZ Manufacturing PMI survey indicated that input price inflation
strengthened a little in April, but remains relatively subdued...
- ... as softer demand and persistent competitive pressures continue to limit
manufacturers' pricing power

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