Eurozone Unemployment Rate drops to 6.8% in March vs. 6.7% expected

The Eurozone Unemployment Rate dropped to 6.8% vs. 6.7% expected and 6.9% reported in February, the latest data published by the Eurostat showed on Tuesday.

The Producer Price Index (PPI) in the bloc rose to 5.3% MoM in March vs. 5% expected and 1.1% previous.

On an annualized basis, the PPI surged 36.8% in March, beating expectations of a 36.3% increase and 31.5% last.