Institutions comment on PPI data in the euro zone in February

The PPI data in February slowed down for the sixth consecutive month. The main factor dragging down the monthly data was again the decline in energy prices, which was 1.6%. If the energy price factor was excluded, the overall producer price actually rose by 0.2% in the month. This was helped by a 0.3 percent rise in capital goods, a 0.4 percent increase in consumer durables and a 0.6 percent increase in non-durable consumer goods, which were more than offset by a slight 0.1 percent decline in intermediate goods.