Eurozone Producer Prices Fell by 0.6% in May

The Eurozone producer prices fell by 0.6% in May compared to April, not in line with analysts’ expectations.

Analysts had expected Eurozone producer prices to be 0.4% in May.

According to estimates from Eurostat, the statistical office of the European Union. In April 2020, prices decreased by 2.0% in the euro area and by 1.9% in the EU.