Eurozone PPI rose 1.1% mom, 35.8% yoy in June, versus expectation of 1.0% mom, 35.7% yoy. For the month, Industrial producer prices increased by 2.7% mom in the energy sector, by 0.7% mom for durable consumer goods and non-durable consumer goods and by 0.4% mom for intermediate goods and for capital goods. Prices in total industry excluding energy increased by 0.4% mom.
EU PPI rose 1.3% mom, 36.1% yoy. The highest monthly increases in industrial producer prices were recorded in Ireland (+13.2%), Lithuania (+5.2%) as well as Latvia and Finland (both +4.0%). Decreases were observed in Greece (-3.2%) and Luxembourg (-2.2%).
