Latest data released by Eurostat - 2 October 2018

  • Prior +0.4%; revised to +0.7%
  • PPI +4.2% vs +3.8% y/y expected
  • Prior +4.0%; revised to +4.3%

Stronger producer prices for August as well as solid revisions for July. However, as mentioned in the data preview this is very much a lagging data point as it is a proxy for inflationary pressures and we already got latest inflation data for the Eurozone last week.