Europe Producer Price Index in April Down 1.0% Month-on-Month

The Eurozone's Producer Price Index (PPI) for April continued its downward trend.

According to Investing.com on the 5th (local time), the Eurozone's April PPI fell by 1.0% month-on-month. The decline was larger than the expert forecast of -0.6%.

Compared to the same period last year, it dropped by 5.7%. The decline was greater than the forecast of -5.1%.