Eurozone October Producer Price Index Down 3.2% Year-on-Year
Eurostat, the statistical office of the European Union (EU), announced on the 4th (local time) that the Producer Price Index (PPI) for the Eurozone in October fell by 3.2% compared to the same month last year. This figure slightly exceeded the forecast (-3.4%).
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Compared to the previous month, it rose by 0.4%. The increase was in line with the forecast (0.4%).
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