Eurozone November PPI -0.9% vs -0.9% m/m expected | Forexlive

• Prior -2.9%
• PPI +27.1% vs +27.5% y/y expected
• Prior +30.8%

The drop in producer prices in November was largely to do with the energy sector (-2.2%) with intermediate goods (-0.4%) also showing a marginal decline. Elsewhere, the prices for durable consumer goods (+0.2%), capital goods (+0.3%) and non-durable consumer goods (+0.6%) all moved higher. If you exclude energy, prices for the total industry actually increased by 0.1%.