Austria

PPI YoY climbed to -1.1 in December 2024

PPI YoY climbed to -1.1 in December 2024, up 0.9 from November's -2.0 reading. The print came in cooler than the 0.7 consensus, a softer print than forecasters anticipated. PPI YoY has now risen for 4 consecutive months. Over the past 3 months, PPI YoY averaged -2.15, vs -2.13 in the prior 3-month window. PPI YoY is now the highest in 17 months.