Eurozone PPI rose 1.2% mom, 37.2% yoy in April, below expectation of 2.3% mom, 38.6% yoy. For the month, Industrial producer prices increased by 3.8% for intermediate goods, by 2.7% for non-durable consumer goods and by 1.0% for capital goods and durable consumer goods, while they decreased by -1.2% in the energy sector. Prices in total industry excluding energy increased by 2.6%.
EU PPI rose 1.3% mom, 37.0% yoy. The highest monthly decreases in industrial producer prices were recorded in Ireland (-16.4%), Romania (-3.2%), Portugal (-2.2%) and Italy (-0.3%). The highest increases were observed in Slovakia (+9.3%), Luxembourg (+6.0%) and Bulgaria (+4.1%).
