Eurozone producer price inflation accelerated unexpectedly to a fresh record high in July on soaring energy prices, data released by Eurostat showed on Friday, adding pressure on the European Central Bank to act forcefully against runaway inflation when policymakers meet next week.
Producer prices surged 37.9 percent year-on-year in July, following a 36.0 percent rise in June, which was revised up from 35.8 percent.
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