Details of the September 2015 Eurozone PPI data report 4 November 2015
– -3.1% vs -3.3% exp. Prior -2.6%
– EU28 states -0.3% vs -0.9% prior m/m
– -3.8% v s-3.4% prior y/y
Although energy is causing much of the drop in prices, some of the non-energy components are catching that same cold. Down the line that will translate into pressure on core prices in the main inflation numbers