Eurozone Producer Price Index Reports 0.2% Decline in May

Wednesday, 3 July 2024, 09:00

The Eurozone Producer Price Index (PPI) for May showed a decrease of 0.2%, falling short of the expected -0.1%. This data, released by Eurostat on 3rd July 2024, indicates a slower economic recovery than anticipated. The disappointing figures suggest potential challenges for inflation and economic growth moving forward.
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Eurozone Producer Price Index Reports 0.2% Decline in May

Eurozone Producer Price Index Update

The Eurozone's Producer Price Index for May recorded a decline of 0.2%, lower than the projected -0.1%. This data was released by Eurostat on 3rd July 2024. The dip in PPI signals potential hurdles for economic recovery in the region.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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