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4 Mar 2013
Eurozone: Annual PPI increases 1.9%, as expected
On an annual basis Eurozone Producer Price Index rose 1.9% in January, following a 2.1% increase the previous month, Eurostat reported on Monday. This result is in line with forecasts.
Month-over-month Eurozone PPI jumped 0.6%, after declining 0.2% in December and slightly above expectations of 0.5% growth.
Month-over-month Eurozone PPI jumped 0.6%, after declining 0.2% in December and slightly above expectations of 0.5% growth.