Eurozone PPI Surges 3.4% mom as Energy Costs Drive Sharp Producer Inflation

Eurozone producer price inflation accelerated sharply in March, with PPI rising 3.4% mom and 2.1% yoy, exceeding expectations of 3.3% mom and 1.8% yoy. The increase was driven overwhelmingly by energy costs, highlighting the growing inflationary impact of the Middle East conflict on the region’s industrial sector. Energy producer prices surged 11.1% in Eurozone on […]

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