• Prior -0.1%
  • -1.0% vs -1.0% exp y/y. Prior -1.2%
  • EU 28 states -0.1% unch m/m
  • -0.9% vs -1.0% Prior y/y

All as expected but it does confirm a slight lift in annual prices. Energy the most notable mover, -0.3% from -0.7% m/m & -2.8% vs -3.3% y/y

Eurozone PPI mm breakdown 02 07 2014

Eurozone PPI mm breakdown 02 07 2014

Until we start seeing those 0.nothings turn into 1.somethings inflation is going to remain low.

Eurozone PPI 02 07 2014

Eurozone PPI 02 07 2014