Details from the August 2015 Eurozone PPI data report 2 October 2015
– Prior -0.1%
– -2.6% vs -2.4% exp y/y. Prior -2.1%
– EU 28 states -0.9% vs -0.3% prior m/m
Energy prices are the big player but prices have just turned negative in the PPI ex-energy and are -0.2% vs 0.0% prior m/m. It’s the first monthly drop as far back as March (that’s as far as the data shows on this release). Year on year it was down 0.5% vs -0.4% prior