Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EUROZONE DATA
MNI (London)
EUROZONE APR PPI +1.2% M/M, +37.2% Y/Y, MAR +36.9%r Y/Y
EUROZONE APR PPI EX. ENERGY +2.6% M/M, +15.6% Y/Y, MAR +13.7%r Y/Y
- Euro area PPI accelerated by 0.7pp to a fresh high of +37.2% y/y in April, coming in 1pp softer than the consensus forecast. On the month, prices expanded by 1.2%, also coming in slower than the +2.0% m/m expected.
- Intermediate goods were up 3.8%, non-durables by 2.7% and capital goods by 1.0% m/m. Energy prices softened by -1.2% m/m, breaking the growth streak, albeit at +99.2% y/y remain almost doubled.
- Factory-gate prices remain significantly exposed to both supply bottlenecks and energy prices which have surged with the onset of the Ukraine war.
- With the added pressure of looming sanctions on Russian oil, energy inflation will continue to soar in the coming months.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok