- Prior 0.3%. Revised to 0.2%
- -0.8% vs -0.6% exp y/y. Prior +0.2%. Revised to 0.0%
Producer prices falling further, which is no bad thing for businesses, but too much will add to the overall falling inflation picture.
Imported inflation i.e energy, fell to 0.3% from 1.1% in July and fell to -2.6% from -0.2% y/y. As a lot of fuel and energy is imported into Europe that’s no bad thing for businesses and could underpin manufacturers and producers output.
EZ PPI 04 10 2013
