The increase in producer prices slowed down on a monthly and annual basis in the euro area and the EU

The increase in producer prices in Europe is slowing down

The EU’s statistical office, Eurostat, announced on Monday that the producer price increase in the euro area slowed from 1.2 percent to 0.7 percent in April, and from 1.3 percent to 0.8 percent in the EU as a whole. (MTI)