Eurozone Producer Price Index (PPI) YoY

EUR
Actual
5.9%
Forecast
5.9%
Previous
13.3%
Latest Release
May 04, 2023
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
Jun 05, 2023 (Apr) 11:00 - 5.9%
5.9%
May 04, 2023 (Mar) 11:00 5.9% 5.9%
13.3%
Apr 04, 2023 (Feb) 11:00 13.2% 13.3%
15.1%
Mar 03, 2023 (Jan) 12:00 15.0% 17.7%
24.6%
Feb 03, 2023 (Dec) 12:00 24.6% 22.5%
27.0%
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