Austria

PPI MoM fell to 0.3 in December 2024

PPI MoM fell to 0.3 in December 2024, down 0.1 from November's 0.4 reading. The print came in hotter than the 0.2 consensus, a hotter print than forecasters anticipated. The print is running well above the 12-month average of -0.16. Over the past 3 months, PPI MoM averaged 0.35, vs 0.0 in the prior 3-month window. The reading is in the 81st percentile of the trailing 24-month range.