Producer Price Index (MoM)
economic
Updated: 2 Dec, 10:00 am UTC
Deviation
-4.5%
Consensus
-2%
Previous
1.6%
Actual
-2.9% Description
Source: European Monetary Union
The Producer Price Index (PPI) released by the Eurostat is an index that measures the change in prices received by domestic producers of commodities in all stages of processing (crude materials, intermediate materials, and finished goods). Generally, a high reading is seen positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).