Eurozone September PPI -0.6% vs -0.6% m/m expected ...Middle East

Prior +0.6%Looking at the details, most of the drop comes from energy prices (-1.9%). If you strip that out, producer prices were actually flat on the month in September. Breaking down the other components, there were rises in prices for durable consumer goods (+0.2%) and non-durable consumer goods (+0.2%). That is slightly offset by a drop in prices for capital goods (-0.1%) with intermediate goods keeping flat. This article was written by Justin Low at www.forexlive.com.

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