Eurozone PPI rose 2.9% mom, 26.2% yoy in December, slightly below expectation of 3.0% mom, 26.6% yoy. For the month, industrial producer prices increased by 7.0% mom in the energy sector, by 0.7% mom for intermediate goods, by 0.6% mom for non-durable consumer goods, by 0.3% mom for capital goods and by 0.2% mom for durable consumer goods. Prices in total industry excluding energy increased by 0.5% mom.
EU PPI rose 2.9% mom, 26.2% yoy. The highest monthly increases in industrial producer prices were recorded in Ireland (+13.3%), Estonia (+12.7%) and Greece (+8.0%), while the only decrease was observed in Czechia (-0.1%).
