actual 0.4, previous 1.7
The Producer Price Index (PPI) MoM (Month-over-Month) for December in the European Union (EU) is scheduled to be released on February 5, 2025, at 10:00 AM. The actual value is reported to be 0.4%, which is a decrease from the previous value of 1.7%. This economic indicator measures the average changes in selling prices received by domestic producers for their output.
The impact of this event is considered low, as it provides insights into inflationary pressures at the producer level. The market had anticipated the index to remain unchanged at 0.4%, but the actual decrease of 76.471% from the previous value may indicate a slowdown in price growth for producers in the EU. This could have implications for consumer prices and overall inflation in the region.