EMU: Annual PPI falls in May against expectations

FXstreet.com (Barcelona) - The Eurozone Producer Price Index dropped 0.1% in May, slightly up from the 0.2% decline in April, Eurostat reported on Tuesday. Market consensus pointed to no change.

Month-over-month EMU PPI fell 0.3%, following a 0.6% decrease and almost in line with expectations of -0.2%.