Spanish PPI YoY (Mar) Y/Y 3.4% (Prev. -7%)
The Spanish PPI showing a year-on-year increase of 3.4% in March, a significant turnaround from the previous decline of -7%, suggests a notable shift in inflationary pressures.
Iranian Vice President says any attack on oil wells will be met with strikes on attackers’ oil facilities; says it will be beyond “eye for an eye” response, Mehr News reports
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Spanish PPI YoY (Mar) Y/Y 3.4% (Prev. -7%)
French Consumer Confidence (Apr) 84 vs. Exp. 88 (Prev. 89, Low. 87, High. 89)
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This uptick may indicate increasing costs for producers, which could lead to upstream inflation across the EU, impacting monetary policy considerations and market sentiment moving forward.
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