Eurozone April PPI -3.2% vs -3.1% m/m expected | Forexlive

• Prior -1.6%; revised to -1.3%
• PPI +1.0% vs +1.4% y/y expected
• Prior +5.9%; revised to +5.5%

Looking at the details, the large chunk of the decline on the month comes from energy (-10.1%) with a fall also observed in intermediate goods (-0.6%). That is offset by price rises in capital goods (+0.4%), durable consumer goods (+0.2%) and non-durable consumer goods (+0.3%). If you strip out energy, producer prices were only seen declining 0.1% on the month.