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5 August | Euro

European Union. PPI (YoY). The value of the indicator has increased from 0.3% to 0.6%

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: an increase of the indicator value may contribute to the rise in quotes of EUR.

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