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New data PPI MoM Mar

5/6/2024

actual -0.4, previous -1.1

The event is the Producer Price Inflation MoM (Month-over-Month) for the Eurozone, as reported by EUROSTAT. The actual value for March is -0.4%, which is in line with the forecast of -0.4%. This indicates a decrease in the price of goods at the wholesale level compared to the previous month. The previous month's figure was -1.1%, so there has been an improvement in the rate of inflation. This data is important for understanding the trend in producer prices and can provide insights into potential future consumer price inflation.

This is not investment advice. Remember to verify the information provided here.

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