29.2 C
Saturday, June 19, 2021

Eurozone March PPI +1.1% vs +1.2% m/m expected

Must read

Latest data released by Eurostat – 5 May 2021

  • Prior +0.5%
  • PPI +4.3% vs +4.3% y/y expected
  • Prior +1.5%

A bit of a lagging indicator but higher producer prices just bolsters the inflation narrative further, with the year-on-year reading benefiting from the plunge in prices during the same period last year amid the initial impact of the pandemic.
Invest in yourself. See our forex education hub.

Source link

- Advertisement -spot_img

More articles


Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article