Eurozone Producer Price Index (MoM) above forecasts (3.3%) in March: Actual (3.4%)

May 6, 2026

Eurozone Producer Price Index (YoY) above expectations (1.8%) in March: Actual (2.1%)

EUR/GBP: Cross seen creeping higher – Rabobank

Rabobank’s FX Strategy team argues that current market pricing for up to three Bank of England hikes over the next year is excessive given a loosening UK labour market and lacklustre growth.