38 minutes ago
European Union. PPI (YoY). The value of the indicator has decreased from 3% to 1.9%
A report on this calendar event is released monthly by the Eurostat.
The Producer Price Index measures the average relative change in the prices of goods produced by domestic companies over a given period of time.
The index acts as a leading indicator for an important inflation indicator — the Consumer Price Index.
Comments by the MarketCheese analysts: a decrease of the indicator value may contribute to the fall in quotes of EUR.
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