Free Trial

PPI (Jul 2019)........................>

EUROZONE DATA
MNI (London)
EUROZONE DATA: PPI (Jul 2019)
-----------------------------------------------------------------
--EZ PPI rose 0.2% m/m after four months of consecutive decline.
-- That left the y/y rate at just 0.2% - its lowest since Nov 2016.
-- Month/month energy prices (1.0%) reached a 9-month high, after Jun's sharp
drop (2.2%).
-- While monthly prices for durable and non-durable consumer goods were flat,
prices for capital goods rose (0.1%) and fell for intermediate goods (-0.3%).
-- On an annual basis, energy prices (-1.7%) saw the largest drop, while capital
(1.5%), durable (1.4%) and non-durable consumer (1.0%) goods were stable. 
-- Across the member states, the sharpest monthly PPI declines were registered
in Belgium (-1.0%), the Netherlands (-0.4%) and Latvia (-0.3%), while Cyprus
(+1.7%), Finland (1.4%) and Greece (1.2%) saw the biggest increases. 
--Annual PPI inflation recorded the sharpest falls in Portugal (-1.3%), Spain
and Italy (both -0.8%), while the largest increases were seen in Latvia (+4.0%),
Cyprus (+2.8%) and Slovakia (+2.2%).
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

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.