Eurozone PPI falls -1.6% mom in March on steep energy decline

Eurozone PPI fell -1.6% mom in March, dragged down by a steep -5.8% mom drop in energy costs. Excluding energy, however, PPI ticked up 0.1% mom. Annually, PPI stood at 1.9% yoy, down from prior month’s 3.0% yoy. Modest monthly gains was seen across most segments — 0.1% mom for capital goods, 0.2% mom for […]

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