3 April | Euro

European Union. PPI (MoM). The value of the indicator has decreased from 0.7% to 0.2%

A report on this calendar event is released monthly by the Eurostat.

The presented Producer Price Index estimates the average changes of price received by domestic producers’ for their goods and services in relative terms over a given period of time.

The Producer Price Index is the leading indicator of such an inflation measure as the Consumer Price Index.

Comments by the MarketCheese analysts: a decrease of the indicator value may contribute to the fall in quotes of EUR.

MarketCheese MarketCheese
Period: 22.04.2025 Expectation: 800 pips
USDCAD to rise from new support at 1.38200
18 April 2025 43
Period: 26.04.2025 Expectation: 3909 pips
GBPUSD technical correction opens up selling opportunities with 1.288 target
18 April 2025 37
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
1st in the segment "Metals"
Period: 24.04.2025 Expectation: 150 pips
Brent crude poised to rebound to $69
18 April 2025 33
Period: 22.04.2025 Expectation: 1495 pips
AUDCAD set to enter fifth wave of growth
18 April 2025 48
Period: 23.04.2025 Expectation: 2500 pips
Rebound to 145 could interrupt USDJPY decline
17 April 2025 70
AntonVolkov
AntonVolkov

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Period: 21.04.2025 Expectation: 600 pips
AUDUSD rebounds from 0.64000 resistance level
17 April 2025 45
Go to forecasts