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Eurozone PPI at 0.0% mom, -0.7% yoy

Eurozone PPI came in at 0.0% mom, -0.7 yoy in December, matched expectations. Non-durable consumer goods rose 0.5% mom, capital goods rose 0.1%. Intermediate goods and durable consumers goods dropped -0.1% mom. Energy dropped -0.5% mom. Total industry exclude energy rose 0.1% mom.

EU27 PPI was at 0.2% mom, -0.4% yoy. The highest increases in industrial producer prices were recorded in the Netherlands and Romania (both +0.5% mom), and Greece (+0.4% mom), while the largest decreases were observed in Estonia (-1.3% mom), Portugal (-1.0% mom) and Finland (-0.7% mom).

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