Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for Producer Price Index (YoY) is 1.2%. 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 1.9% against a forecast of 2%.
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 |
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Currency: | EUR |
Source: | Eurostat |
Category: | Inflation |
Frequency: | Monthly |