At 11:00 (GMT+2), March data on the producer price index in the eurozone countries will be presented: it is one of the main indicators of the level of inflation in the country and determines the change in prices of goods and raw materials sold by producers, and also has a significant impact on the decisions of central banks on monetary policy. The indicator is expected to adjust from –0.7% to 3.3% MoM, which could influence the European Central Bank’s (ECB) rhetoric regarding future interest rate decisions.
