EMU: Annual PPI drops 1.4% in October

FXstreet.com (Barcelona) - The Eurozone Producer Price Index slid 1.4% in October, down from the 0.9% fall in September, Eurostat reported on Tuesday. Market consensus pointed to a 1% decline.

Month-over-month EMU PPI fell 0.5%, compared with the 0.2% increase and below expectations of -0.2%.