Eurozone PPI rises 0.8% in Jul, driven by energy costs

In July, Eurozone  PPI rose 0.8% mom, surpassing expectations of 0.3% mom increase. On a yearly basis, however, PPI was down by -2.1% yoy, though better than the expected -2.5% yoy decline. Energy costs were the primary driver, with prices surging by 2.8% mom during the month, while other sectors showed more modest or negative […]

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