Eurozone Producer Price Index Down 3.2% Year-on-Year in June

Eurostat, the statistical office of the European Union (EU), announced on the 5th (local time) that the Producer Price Index (PPI) for the Eurozone in June fell by 3.2% compared to the same month last year. This figure slightly exceeded the forecast (-3.3%).

Compared to the previous month, it rose by 0.5%, surpassing the forecast (0.1%).