Eurozone Producer Price Index (YoY)(Dec)-FX168 Financial Network

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Release frequency：MonthImportance：

Indicator explain: Eurostat announced that the producer price index assesses the transmutation of prices of commodity producers during the various Phase of production in the initial market in the euro zone. Normal belief is that changes in the producer price index are useful for Prediction of changes in the consumer price index because businesses will ultimately pass on their costs to consumers in the form of higher consumer prices. Transition. Data is a weighted averaging of each member state of the euro zone. Normal belief is that changes in the producer price index are useful for Prediction of changes in the consumer price index. If the index is high, it will be good for the euro, and if the Data is lower than expected, it will be bad for the euro.

Frequency explain: Monthly report, Data of the previous month is released in the middle of each month

Data impact: The actual value is greater than the expected valueBullish for the Euro;oppositeBullish for the Euro

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