Yesterday, the Eurozone’s various PMI reports were released, and without exception, the majority of the reports were dismal with a downtrend, and the few which were unchanged from the previous read were merely a disappointment. Today, another key indicator of how the Eurozone economy is likely to fare in the coming months was released, notably the Producer Price Index. The PPI captures the changes in input prices that producers must accommodate during each stage of the manufacturing process. Read more