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Saturday, June 19, 2021

Eurozone April PPI +1.0% vs +1.0% m/m expected

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Latest data released by Eurostat – 2 June 2021

  • Prior +1.1%
  • PPI +7.6% vs +7.5% y/y expected
  • Prior +4.3%

A bit of a lagging indicator but it reaffirms the theme of higher price pressures in general, which is likely a result of higher input cost inflation due to supply constraints.
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