October 2017 Eurozone PPI report 4 December 2017

  • Prior 0.6%. Revised to 0.5%
  • 2.5% vs 2.6% exp y/y. Prior 2.9%. Revised to 2.8%
  • EU28 states 0.4% vs 0.5% prior m/m
  • 2.6% vs 3.2% prior y/y

A little softer but strip out energy and PPI rose 0.1% vs 0.2% prior m/m, and ticked up to 2.3% from 2.2% prior y/y, so underlying price pressures are still in the mix. EURUSD ranges 1.1850/60.

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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