Open a free practice account and experience the Forex market risk-free with exclusive access to VT Trader™ 2.0.
Simulated conditions may differ from real conditions, and traders should not necessarily expect the same results from live trading.
|
Actual | Forecast | Previous | Revised Form | |
| 0.7% | 0.7% | 0.1% | N/A | ||
|
For Janaury
PPI y/y: -1.0%, pr. -2.9% (Dec), -4.4% (Nov), -6.7% (Oct),
|
|||||
| 6/3 | 7/2 | 8/4 | 9/2 | 10/2 | 11/4 | 12/2 | 1/6 | 2/2 | 3/2 | ||
| Actual | -1.0% | -0.2% | 0.3% | -0.8% | 0.4% | -0.4% | 0.2% | 0.1% | 0.1% | 0.7% | |
| Forecast | -0.9% | 0.1% | 0.2% | -0.5% | 0.5% | -0.3% | 0.1% | 0.2% | 0.0% | 0.7% | |
| Previous | -0.7% | -1.0% | -0.2% | 0.3% | -0.7% | 0.4% | -0.4% | 0.3% | 0.2% | 0.1% | |
| Revised From | N/A | N/A | N/A | N/A | -0.8% | N/A | N/A | 0.2% | 0.1% | N/A | |
|
Actual | Forecast | Previous | Revised Form | |
| 0.1% | 0.0% | 0.2% | 0.1% | ||
|
For December
PPI y/y: -2.9%, pr. -4.4% (Nov), -6.7% (Oct), -7.7% (Sep),
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 0.1% | 0.2% | 0.3% | 0.2% | ||
|
For November
PPI y/y: -4.4%, pr. -6.7% (Oct), -7.7% (Sep), -7.5% (Aug),
From the Release: Monthly changes: In November 2009, compared with the previous month, prices in total industry excluding the energy sector fell by 0.1% in the euro area and remained stable in the EU27. Prices in the energy sector rose by 0.8% and 1.1% respectively. In both zones, capital goods and durable consumer goods remained stable. Non-durable consumer goods declined by 0.1% in the euro area and remained stable in the EU27. Intermediate goods decreased by 0.2% in the euro area and remained stable in the EU27. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 0.2% | 0.1% | -0.4% | N/A | ||
|
For October
PPI y/y: -6.7%, pr. -7.7% (Sep), -7.5% (Aug), -8.5% (Jul),
Producer prices rose 0.2% on the month in October, reversing part of the 0.4% decline seen in September. The increase came on the back of higher energy prices which were up 1% on teh month, sharply higher than the 1.6% decline seen in September. Producer prices can give an early indication of the likely direction of the consumer price index. However, looking at the annual rate which rose to -6.7%, we see that inflation pressures remain subdued currently. The ECB, which meets tomorrow is expected to keep its benchmark interest rate at 1%, but there are expectations that the ECB President will make some comments regarding the central bank's exit strategy from its extra liquidity measures. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -0.4% | -0.3% | 0.4% | N/A | ||
|
For September
PPI y/y: -7.7%, pr. -7.5% (Aug), -8.5% (Jul), -6.6% (Jun),
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 0.4% | 0.5% | -0.7% | -0.8% |
|
Actual | Forecast | Previous | Revised Form | |
| -0.8% | -0.5% | 0.3% | N/A | ||
|
For July
PPI y/y: -8.5%, pr. -6.6% (Jun), -5.8% (May), -4.6% (Apr),
Producer prices fell 0.8% on the month in July, a steeper decline than anticipated, putting the annual rate to a record decline of 8.5%. The record decline reflected the major drop in oil prices from a year ago. Last summer oil hit a record close to $150 a barrel and currently oil trades around the $70 a barrel level. Annual prices, excluding the energy sector decreased by 4%, as non-durable consumer goods are down 3% on the year. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 0.3% | 0.2% | -0.2% | N/A | ||
|
For Jun
PPI y/y: -6.6%, pr. -5.8% (May), -4.6% (Apr), -2.9% R (Mar),
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -0.2% | 0.1% | -1.0% | N/A | ||
|
For May
PPI y/y: -5.8%, pr. -4.6% (Apr), -2.9% R (Mar), -1.8% (Feb),
Eurozone producer prices unexpectedly declined 0.2% m/m in May after an upwardly revised 0.9% m/m slide in April, PPI data from Eurostat showed. May PPI fell a more-than-anticipated 5.8% y/y, the largest fall since records began in January 1981, following April's 4.6% y/y decrease. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| -1.0% | -0.9% | -0.7% | N/A | ||
|
For April
PPI y/y: -4.6%, pr. -2.9% R (Mar), -1.8% (Feb), -0.7% (Jan),
1.2% (Dec),
Producer prices fell for the ninth consecutive month in April, sliding 1% compared to March. That put the annual rate at -4.6%, which is the largest decline on record. The fall in prices was slightly more than anticipated and was driven by a 3% drop in energy prices on the month. The annual drop in energy costs was 11.2% the largest annual drop. Its not just energy bringing prices down. The core rate which strips out energy and construction costs, fell by 0.4% on the month and a record 2.4% on the year, showing underlying prices are being pressured as well. Lower inflation will give the ECB more scope to pursue its plan to buy covered bonds, something the bank is ready to confirm in tomorrow's interest rate decision statement. |
|||||