Latest data released by Eurostat - 4 June 2018
- Prior +0.1%
- PPI +2.0% vs +2.4% y/y expected
- Prior +2.1%
Flat reading on the month, and slightly lower on the yearly estimate than expected. Nonetheless, it's a minor data point as it acts as a rough gauge of inflationary pressures - but a poor gauge considering that the fact the data is a lagging one.
