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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
LuxembourgPPI YoY held to -0.7 in December 2024
Financial Modeling PrepMonthlyReleased January 2025
PPI YoY held to -0.7 in December 2024. The print came in hotter than the -1.0 consensus, a hotter print than forecasters anticipated. PPI YoY has now risen for 6 consecutive months. Over the past 3 months, PPI YoY averaged -1.5, vs -4.43 in the prior 3-month window. The reading is in the 65th percentile of the trailing 24-month range.
Latest Release
-0.7
Actual
-1
Consensus
-0.7
Previous
The January 2025 reading was unchanged from the previous value of -0.7. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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PPI YoY - LU
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