Today's release of October producer price data by Spain revealed a dip into negative territory:
Germany' producer price data has been fluctuating around zero for much of the year so far, making a more definitive move downward beginning in August:
Meanwhile, France and Italy are scheduled to report October data for their respective price indices on Friday. Negative trends appear likely to persist:
Of the five largest economies in Europe, the only one with positive changes in producer prices is the U.K.: