More from FXstreet.com

    EMU: PPI grows 0.6% in March, slightly below expectations

    By FXstreet.com,  May 04, 2010, 05:07:00 AM EDT

    FXstreet.com (Barcelona) - The Producer Price Index ( PPI ) for the month of March rose to 0.6% from 0.1% in February. Analysts had predicted the rise to be slightly higher at 0.7%.

    Year over year, the PPI jumped up to 0.9% in comparison to -0.6% in the previous release. The PPI year over year perfectly matched expectations.

    The Producer Price Index released by the Eurostat is an index that measures the change in prices received by domestic producers of commodities in all stages of processing (crude materials, intermediate materials, and finished goods). A high reading is seen positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).




    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


    This article appears in: Investing, Forex and Currencies

    Referenced Stocks: PPI



    Latest News Video

    Hanson Brothers Create 'Mmmhops' Beer
    Hanson Brothers Create 'Mmmhops' Be...
    French Soldier Stabbed in Neck in Paris
    French Soldier Stabbed in Neck in P...


    Sign-in
    Existing NASDAQ.com member? Log in here.

    By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

    From Our Trusted News Source





    Most Active by Volume:

    Company Last Sale Change Net / %
    BAC $ 13.24 0.03  0.23%
    FB $ 24.32 0.74  2.95%
    SIRI $ 3.58 0.04  0.99%
    GE $ 23.53 0.13  0.55%
    PFE $ 29.04 0.07  0.24%
    MSFT $ 34.27 0.12  0.35%
    INTC $ 23.93 0.12  0.50%
    P $ 16.43 0.73  4.25%