pull down to refresh

Producer prices in the Eurozone fell again in May, dropping by 0.2% from the previous month, contrary to economists' expectations of a 0.1% increase, according to Eurostat. Annually, prices were down 4.2%, exceeding the forecasted 4.0% decline.
Across the entire EU, producer prices decreased by 0.3% month-over-month and by 4.0% year-over-year. These prices often indicate future consumer price trends as businesses typically pass on their costs to customers.
If I'm remembering correctly, it wasn't that long ago that producer prices were rising faster than consumer prices.
Is this a matter of correcting from a peak or is it a real downturn?
reply
It's a temporal downturn until energy and comm prices will sharply rise
reply
I'm not in the EU, I see this as a net benefit - and hope this will happen in the U.S. too.
It's hard to buy anything now a days with a dollar.
reply