Eurozone April PPI 0.0% vs +0.2% m/m expected - ConsultFX

Eurozone April PPI 0.0% vs +0.2% m/m expected

Latest data released by Eurostat - 4 June 2018 Flat reading on the month, and slightly lower on the yearly estimate than expected. Nonetheless, it's a minor data point as it acts as a rough gauge of inflationary pressures - but a poor gauge considering that the fact the data is a lagging one.