Euro zone producer prices rose in line with expectations in September from a month earlier and plunged year-on-year due to a sharp drop in energy prices, data showed on Tuesday.
Europe PPI (YoY) (Sep) $EUR Actual: -12.4% 🟢 Expected: -12.5% Previous: -11.5%
Monthly comparison by main industrial grouping and by Member State:
Industrial producer prices in the euro area in September 2023, compared with August 2023, increased by 2.2% in the energy sector, while prices remained stable for capital goods and for durable consumer goods, and prices decreased by 0.2% for both intermediate goods and non-durable consumer goods. Prices in total industry excluding energy decreased by 0.1%.
