Increase in Eurozone producer prices slows
In February, German imports and exports rose by 4.6% and 4%, respectively, month-over-month, against analysts' expectations that they would increase by 1% and 1.6%.
In February, German imports and exports rose by 4.6% and 4%, respectively, month-over-month, against analysts' expectations that they would increase by 1% and 1.6%. In addition to that, producer prices in the Eurozone are up by 13.2% in annualised terms. The slowing trend remains, which has had a positive impact on European stock indices.
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