AI Data Insight
The latest Q2 2026 Producer Price Index (PPI) for the EU reported a month-over-month (MoM) growth rate of 0.7%, significantly slowing from the previous 3.2%. However, the breakdown reveals that while energy prices have temporarily retreated, the costs of intermediate and capital goods continue to climb, triggering market expectations for a hawkish shift in the European Central Bank's (ECB) monetary policy.