Portugal's producer prices logged a renewed increase in April, reaching the fastest pace in just over three years amid a surge in energy costs, according to figures from Statistics Portugal released on Tuesday.The producer price index climbed 3.8 percent, following a flat change in March, ending a 14-month period of decline.Moreover, the latest growth rate was the quickest since March 2023, when p...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.