Eurozone PPI rose 1.3% mom, 9.6% yoy in May, slightly above expectation of 1.2% mom, 9.5% yoy. For the month, industrial producer prices increased by 2.1% in the energy sector, by 1.8% for intermediate goods, by 0.4% for capital goods and by 0.3% for durable consumer goods and for non-durable consumer goods. Prices in total industry excluding energy increased by 0.9%.
EU PPI rose 1.4% mom, 9.6% yoy. For the month, industrial producer prices increased in all Member States, with the highest increases being recorded in Ireland (+5.3%), Denmark (+3.3%) and Finland (+2.6%).
