Eurozone PPI above forecasts in August

Note: This section contains information in English only.
Source: RTTNews
Euro area's Producer Price Inflation surged more than estimated in August, Eurostat said on Tuesday. The PPI rose 2.7% on year, compared to a 1.6% advance in July. Economists had forecast an increase of 2.6%. Month-on-month PPI added 0.9%, faster than a 0.3% rise in the preceding month and above expectations of a 0.6% surge.
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