- Prior +2.9%
- PPI +30.6% vs +27.0% y/y expected
- Prior +26.2%
That’s a big surge in producer prices and it just reaffirms stronger price pressures in the euro area economy to start the year. This will continue to feed through to consumer inflation so that will be a worry for the trend in the months to come.
This article was originally published by Forexlive.com. Read the original article here.