Global| Mar 04 2008Euro Area Producer Prices Surge in January; Core Elevates Too
| Euro Area and UK PPI Trends | ||||||
|---|---|---|---|---|---|---|
| M/M | SAAR | |||||
| Euro Area 15 | Jan-08 | Dec-07 | 3-Mo | 6-MO | Yr/Yr | Y/Y Yr Ago |
| Total PPI ex Construction | 0.8% | 0.1% | 7.4% | 6.0% | 4.9% | 3.1% |
| Excl Energy | 0.6% | 0.1% | 3.1% | 3.3% | 3.3% | 3.5% |
| Capital Goods | 0.3% | 0.1% | 1.6% | 1.4% | 1.3% | 2.0% |
| Consumer Goods | 0.5% | 0.3% | 4.8% | 5.6% | 4.2% | 1.5% |
| Intermediate & Capital Goods | 0.7% | 0.0% | 2.3% | 2.1% | 2.8% | 4.5% |
| Energy | 1.4% | 0.2% | 21.9% | 15.6% | 10.6% | 1.6% |
| MFG | 0.5% | 0.1% | 5.2% | 4.7% | 5.1% | 2.4% |
| Germany PPI | 0.8% | -0.1% | 6.5% | 4.6% | 3.3% | 3.2% |
| Ex Energy | 0.4% | 0.0% | 1.4% | 2.2% | 2.5% | 2.9% |
| France PPI | 0.5% | 0.1% | 5.7% | 5.3% | 4.9% | 1.8% |
| Ex Energy | 0.4% | 0.2% | 2.9% | 3.3% | 3.0% | 2.8% |
| Italy PPI | 0.4% | 0.1% | 6.7% | 5.9% | 5.2% | 4.0% |
| Ex Energy | 0.5% | 0.0% | 2.8% | 2.8% | 3.0% | 4.4% |
| UK PPI | 1.3% | 1.3% | 24.8% | 18.7% | 7.9% | -1.4% |
| Ex Energy | 1.0% | 0.3% | 5.7% | 4.6% | 3.9% | 3.2% |
| Euro Area 15 Harmonized PPI excluding Construction | ||||||
| The EA 15 countries are Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovenia and Spain. | ||||||
Robert Brusca
AuthorMore in Author Profile »Robert A. Brusca is Chief Economist of Fact and Opinion Economics, a consulting firm he founded in Manhattan. He has been an economist on Wall Street for over 25 years. He has visited central banking and large institutional clients in over 30 countries in his career as an economist. Mr. Brusca was a Divisional Research Chief at the Federal Reserve Bank of NY (Chief of the International Financial markets Division), a Fed Watcher at Irving Trust and Chief Economist at Nikko Securities International. He is widely quoted and appears in various media. Mr. Brusca holds an MA and Ph.D. in economics from Michigan State University and a BA in Economics from the University of Michigan. His research pursues his strong interests in non aligned policy economics as well as international economics. FAO Economics’ research targets investors to assist them in making better investment decisions in stocks, bonds and in a variety of international assets. The company does not manage money and has no conflicts in giving economic advice.
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