Eurozone July PPI -0.5% vs -0.6% m/m expected

<ul><li>Prior -0.4%</li><li>PPI -7.6% vs -7.6% y/y expected</li><li>Prior -3.4%</li></ul><p>Looking at the breakdown on the month:</p><p>- Intermediate goods -1.2%- Energy -0.9%- Non-durable consumer goods +0.1%- Durable consumer goods +0.2%- Capital goods +0.2%</p><p>If you strip out energy, producer prices declined by 0.4% on the month.</p>

This article was written by Justin Low at www.forexlive.com.