Eurozone June PPI -0.4% vs -0.2% m/m expected

<ul><li>Prior -1.9%</li><li>PPI -3.4% vs -3.1% y/y expected</li><li>Prior -1.5%; revised to -1.6%</li></ul><p>Looking at the breakdown, there was a fall in prices for intermediate goods (-0.7%) and energy (-0.5%) while prices for durable consumer goods and non-durable consumer goods remained stable. Meanwhile, prices for capital goods increased slightly (+0.1%) on the month. If you strip out energy, producer prices are still seen dropping by 0.3% in June.</p>

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