Economic Buzz: Eurozone producer prices down 0.7% in February
The Eurozone saw a 2.4% drop in energy producer prices, while the PPI for non-durable consumer goods fell by 0.2%. The index rose by 0.3% for intermediate and capital goods and 0.2% for durable consumer goods. On a yearly basis, energy PPI sank 11.7%, while durable consumer goods saw the biggest increase at 2.5%, followed by capital goods at 1.6%, intermediate goods at 1.3% and non-durable consumer goods at 0.2%.
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