Month-on-month PPI for Eurozone captures the sequential change in producer prices, removing the base-effect distortions present in year-on-year comparisons. It provides the earliest read on whether pipeline inflation is accelerating.
Why FX traders watch it
A re-acceleration of sequential PPI is an early warning for central banks that consumer inflation may not be cooling as fast as expected. It can shift the European Central Bank's rhetoric in a hawkish direction.
How to interpret the data
Consecutive months of above-consensus monthly PPI growth signal a build-up of cost pressure in the supply chain. Declining or negative monthly PPI is disinflationary and supports rate-cut expectations.
Optional upper bound. Defaults to the current date.
api_key
CONDITIONAL
string
Required for non-USD announcement requests. USD announcement requests are public without an API key.
Example Usage
To retrieve Producer Price Index MoM (PPI) data for EUR from 2023:
GET https://fxmacrodata.com/api/v1/announcements/eur/ppi_mom?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY
Frequently Asked Questions
How often is Eurozone Producer Price Index MoM (PPI) updated?
Producer Price Index MoM (PPI) for Eurozone is released on a monthly schedule by European Central Bank (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Producer Price Index MoM (PPI) reported in?
The series is published in %MoM. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source Eurozone Producer Price Index MoM (PPI) data?
Data is fetched directly from European Central Bank or the official national statistics publication for Eurozone. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Producer Price Index MoM (PPI) for Eurozone via the API?
Issue a GET request to /api/v1/announcements/eur/ppi_mom?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.