The European Union’s statistics agency said Monday that producer prices rose 0.6% from April, and were down 3.9% from May 2015. The prices of goods leaving the eurozone’s factory gates rose at their fastest pace in more than a year during May as energy prices rebounded, a development that if sustained would aid the European Central Bank’s effort to raise consumer-price inflation. That was the largest month-to-month increase since...
Source: Wall Street Journal July 04, 2016 09:00 UTC