Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
European UnionEurozone Producer Price Index MoM fell to 0.6% in April 2026
FMPMonthlyReleased June 2026
Eurozone Producer Price Index MoM fell to 0.6% in April 2026, released June 2026, down 2.8% from March's 3.4% reading. The print exceeded the 0.4% consensus by 0.2%. The print is running well above the 12-month average of 0.06%. Over the past 3 months, Producer Price Index MoM averaged 1.35%, vs 0.3% in the prior 3-month window. The reading is in the 72nd percentile of the trailing 24-month range.
Latest Release
0.6
Actual
0.4
Consensus
3.4
Previous
Median Absolute Error
±0.22 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 0.4
Actual: 0.6
Error: -0.2
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| DAX | ▲ Direct | +0.86 | INDEX | Bullish DAX | → View |
| S&P 500 | ▲ Direct | +0.80 | INDEX | Bullish S&P 500 | → View |
| Euro STOXX 50 | ▲ Direct | +0.75 | INDEX | Bullish Euro STOXX 50 | → View |
| BTC/USD | ▲ Direct | +0.70 | CRYPTO | Bullish BTC | → View |
| EUR/CHF | ▼ Inverse | −0.59 | FOREX | Bearish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index MoM (European Union) was reported at 0.6% in June 2026. This beat the market consensus of 0.4% by 0.2%. The reading fell from the previous value of 3.4%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 0.27%, ranging from -0.3% to 0.8% across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 0.33%, up from the prior three at 0.17%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with DAX (Bullish DAX). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.23%.
WHAT TO WATCH NEXT
The next release is scheduled for July 6, 2026. Same-country events in the next 14 days include ZEW Economic Sentiment Index (Jun 16) and Economic Sentiment (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
Producer Price Index MoM - EU
Loading chart data...
About Producer Price Index MoM — European Union
DEFINITION
The EU's Producer Price Index MoM rose 0.600000% in June, beating the 0.400000% estimate and sharply down from May's 3.400000%. June's increase follows a steep slowdown from May's surge, indicating easing inflationary pressures in producer costs. Market focus now shifts to upcoming inflation data and ECB policy signals amid this moderation. Updated 6/3/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 0.6 %, consensus 0.4 %. Prior reading (Mar 2026): 3.4 %. Before that (Feb 2026): -0.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with DAX (Bullish DAX, r=0.86) — a useful reference for index-focused traders.