Gavekal Capital: European Producer Prices

Monday, November 25, 2013

European Producer Prices

Today's release of October producer price data by Spain revealed a dip into negative territory:

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Germany' producer price data has been fluctuating around zero for much of the year so far, making a more definitive move downward beginning in August:

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Meanwhile, France and Italy are scheduled to report October data for their respective price indices on Friday.  Negative trends appear likely to persist:

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Of the five largest economies in Europe, the only one with positive changes in producer prices is the U.K.:

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