At 11:00 (GMT+2), April 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 value is expected to adjust from 3.4% to 0.5% MoM and from 2.1% to 4.8% YoY, which may influence the European Central Bank’s (ECB) rhetoric regarding interest rate decisions.
