New data PPI MoM (Sep)

11/6/2024

actual -0.6, previous 0.6

The event is the Producer Price Index (PPI) Month-over-Month (MoM) for September in the European Union (EU). The actual value reported is -0.6%, which is a decrease from the previous value of 0.6%. The estimate was also -0.6%, so the actual value met expectations.

The Producer Price Index measures the average changes in prices received by domestic producers for their output. A negative MoM value indicates a decrease in producer prices from the previous month.

This event is considered to have a low impact on the market, as indicated by the impact level. The change percentage is -200%, reflecting a significant decrease compared to the previous period.

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