Eurozone PPI increased by 0.4% mom in October, aligning with market expectations. On an annual basis, PPI fell by -3.2% yoy, the anticipated -3.3% decline, reflecting mixed dynamics across sectors.
In Eurozone, Energy prices surged by 1.4% mom, driving the monthly increase, while intermediate goods prices slipped by -0.1% mom. Capital goods prices were unchanged, while durable consumer goods rose by 0.3% mom and non-durable consumer goods by 0.2% mom.
Across the EU, PPI also rose by 0.4% mom, while the annual figure showed a decline of -3.0% yoy. Among Member States, Estonia and Italy led the monthly increases with a 1.0% rise, followed by France (+0.9%) and Sweden (+0.8%). Conversely, Bulgaria experienced the sharpest decline at -2.9%, followed by Slovakia (-2.0%) and Romania (-1.5%).
