RSS Eurozone PPI rises 1.6% mom, energy prices drive monthly gains

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 RSS Eurozone PPI rises 1.6% mom, energy prices drive monthly gains

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Eurozone producer prices rebounded more than expected in November, with PPI rising 1.6% mom, surpassing market forecasts of 1.5% mom. On an annual basis, PPI improved to -1.2% yoy from -3.3% in October, slightly better than the anticipated -1.3% yoy. The data highlights the ongoing influence of energy price volatility on the region’s industrial sector. […]

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