Eurozone producer prices dropped 0.9 percent year-on-year in September, compared to expectations for a 0.8 percent fall. The headline index grew 0.1 percent in a month-over-month basis, lower-than the 0.2 percent growth expected by economists.
The euro showed mixed performance after the report. While the common currency edged higher against the dollar, it drifted lower against the Swiss franc and held steady against the pound and the yen. As of 5:03 am ET, the euro was trading at 1.3502 against the dollar, 0.8409 against the pound, 132.61 against the yen and 1.2293 against the Swiss franc.
