- Analytics
- News and Tools
- Market News
- Eurozone’s PPI edges up 0.1 percent in August
Eurozone’s PPI edges up 0.1 percent in August
Eurostat, the
statistical office of the European Union (EU), reported on Thursday industrial
producer prices edged up 0.1 percent m-o-m in euro area in August following an
upwardly revised 0.7 percent m-o-m gain in July (originally a 0.6 percent m-o-m
advance). That was in line with economists’ forecasts.
According to
the report, producer prices increased in the energy sector (+0.3 percent m-o-m)
and for intermediate goods (+0.1 percent m-o-m), but remained stable for
durable consumer goods and non-durable consumer goods, and declined for capital
goods (-0.1 percent m-o-m).
In y-o-y terms,
Eurozone’s producer price index (PPI) fell 2.5 percent in August, following a revised
3.1 percent decline in July (originally a 3.3 percent drop). Economists had
forecast a 2.7 percent fall for August.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
