
At 11:00 (GMT+2), May data on the producer price index in the eurozone will be published. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. If the monthly and annual figures rise from 2.2% and 0.7%, respectively, this will support the "bullish" momentum of the euro quotes.

