Latest data released by Eurostat - 5 October 2021
- Prior +2.3%
- PPI +13.4% vs +13.5% y/y expected
- Prior +12.1%
The readings are more or less within estimates as euro area producer prices continue to surge higher. The breakdown shows a 2.0% monthly increase in the energy sector, 1.4% for intermediate goods, 0.5% for capital goods, 0.3% for durable goods, and 0.2% for non-durable consumer goods. Excluding energy, total industry prices moved up by 0.7%.
