Producer Price Index. EU, 11:00 (GMT+2)

March data on the euro area’s Producer Price Index are due at 11:00 (GMT+2). The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. It is expected that on a monthly basis the indicator will increase from 1.1% to 4.9%, and on an annualized basis it may decline from 31.4% to 36.2%.

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