Eurozone PPI came in at 0.3% mom, -2.4% yoy in September, matched expectations. For the month, Industrial producer prices increased by 0.8% mom in the energy sector and by 0.1% mom for intermediate goods, while prices remained stable for capital goods, durable consumer goods and non-durable consumer goods. Prices in total industry excluding energy remained stable.
EU PPI was at 0.3% mom, -2.2% yoy. The highest increases in industrial producer prices were recorded in Ireland (+4.3% mom), Hungary (+1.2% mom) and the Netherlands (+0.9% mom), while the largest decreases were observed in Cyprus (-1.3% mom), Estonia and Finland (both -0.8% mom), Greece and Lithuania (both -0.3% mom).
