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6 May | Euro

European Union. PPI (YoY). The value of the indicator has decreased from 3% to 1.9%

EURRUB
EURJPY
EURGBP
EURUSD
EURCAD

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

The Producer Price Index measures the average relative change in the prices of goods produced by domestic companies over a given period of time.

The index acts as a leading indicator for an important inflation indicator — the Consumer Price Index.

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

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