PPI of Eurozone remained flat in April

Source: Forexpros

Eurostat reports that producer price index remained flat in April, disregarding anticipations of a slight 0.2% increase. This figure for March was 0.5% but it has not been revised yet. Year-on-year PPI grew at the pace of 2.6% this April, which is lower than an expected 2.7% increase. This is also lower than a 3.5% increase witnessed in March.

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