Eurozone February PPI +0.5% vs +0.6% m/m expected

Latest data released by Eurostat – 8 April 2021

  • Prior +1.4%; revised to +1.7%
  • PPI +1.5% vs +1.3% y/y expected
  • Prior 0.0%; revised to +0.4%

The positive readings here reaffirm a continued rebound in producer prices and the pace is seen picking up to start the new year, reflecting stronger price pressures in general across the region – as already observed in the consumer inflation readings previously.

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