Eurozone producer price inflation accelerated in April on surging energy prices, data from Eurostat showed Wednesday.
The producer price index posted an annual increase of 4.9 percent in April, following March's 2.0 percent rise. Prices were forecast to climb 4.8 percent.
Excluding energy, producer prices rose 2.3 percent compared to the 1.4 percent increase in the prior month.
Data showed that energy prices posted the biggest increase of 12.3 percent. Intermediate goods prices gained 3.9 percent and durable consumer goods prices moved up 2.7 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.