Eurozone PPI got here in at 0.5% mother, 1.5% yoy in February, versus expectation of 0.6% mother, 1.4% yoy. For the month, industrial producer costs elevated by 1.2% for intermediate items, by 0.3% within the vitality sector and for non-durable client items, by 0.2% for sturdy client items and by 0.1% for capital items. Costs in whole business excluding vitality elevated by 0.6%.
EU PPI got here in at 0.7% mother, 1.6% yoy. For the month, the best will increase in industrial producer costs had been recorded in Greece and Luxembourg (each +2.8%), Belgium (+2.4%) and Lithuania (+2.0%), whereas the one decreases had been noticed in Eire, (-9.7%), Spain (-1.5%) and Portugal (-0.5%).
— to www.actionforex.com