 Prior 1.6PPI 30.8 vs 31.5 yy expectedPrior 41.9Euro area producer prices fell more than expected in October and that is a welcome sign that perhaps inflation pressures may ease further in the months ahead. It marks the first time that producer prices have declined on a monthly basis since May 2020. Looking at the details, a 6.9 drop in energy price was the main drag for overall prices. This... 