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European Union. PPI (MoM). The value of the indicator has decreased from -1.7% to -2.2%
A report on this calendar event is released monthly by the Eurostat.
The presented Producer Price Index estimates the average changes of price received by domestic producers’ for their goods and services in relative terms over a given period of time.
The Producer Price Index is the leading indicator of such an inflation measure as 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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