Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for Producer Price Index (YoY) is -1.9%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Producer Price Index (YoY) was -2.1% against a forecast of -2.7%.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (YoY) result:
| Country: | Eurozone |
|---|---|
| Currency: | EUR |
| Source: | Eurostat |
| Category: | Inflation |
| Frequency: | Monthly |