Eurozone producer prices rose more than expected in April, adding to evidence that inflation pressures are continuing to build beneath the surface of the economy. Producer Price Index increased 0.6% mom, above expectations of 0.4% mom. Annual producer inflation accelerated sharply from 2.0% yoy to 4.9% yoy, slightly above forecasts of 4.8% yoy. The figures […]The post Eurozone PPI Jumps 0.6% mom, 4.9% yoy as Pipeline Inflation Pressures Build appeared first on ActionForex.