Eurozone Producer Price Index (PPI) YoY

EUR
Actual
-8.3%
Forecast
-8.6%
Previous
-8.0%
Latest Release
Apr 04, 2024
Importance
Source
Eurostat
Overview
The Producer Price Index (PPI) measures average changes in prices received by domestic producers for their output. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. Usually a rise in PPI will lead in a short time to a rise in CPI and therefore to a rising interest rates and rising currency. during recession, the producers are not able to roll over the rising cost of material to the consumer, so a rise in PPI will not be rolled over to the consumer but will lower the profitablility of the producer and will deepen the recession, that will lead to a fall in local currency.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Apr 04, 2024 (Feb) 11:00 -8.3% -8.6%
-8.0%
Mar 05, 2024 (Jan) 12:00 -8.6% -8.1%
-10.7%
Feb 05, 2024 (Dec) 12:00 -10.6% -10.5%
-8.8%
Jan 05, 2024 (Nov) 12:00 -8.8% -8.7%
-9.4%
Dec 05, 2023 (Oct) 12:00 -9.4% -9.5%
-12.4%
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