UK PPI Output YoY (Mar) Y/Y 2.6% (Prev. 1.7%)

The UK PPI Output YoY for March rose to 2.6%, significantly above the previous 1.7%.

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"The Israeli army launched an interceptor missile in the airspace over southern Lebanon today due to a mistaken diagnosis", Al Jazeera reports citing Israeli press

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UK PPI Output YoY (Mar) Y/Y 2.6% (Prev. 1.7%)

Newsquawk Daily European Equity Opening News - 22nd April 2026

US President Trump is reportedly willing to Iran give another three to five days of ceasefire, Axios reports citing sources; "It certainly looks like Trump doesn't want to use military force anymore and has made a decision to end the war,"

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This stronger-than-expected print suggests mounting inflationary pressures, which could influence the Bank of England's monetary policy decisions going forward, particularly regarding interest rates. Markets may react accordingly, factoring in a more hawkish stance from the central bank.

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