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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
European UnionEurozone Producer Price Index YoY climbed to 4.9% in April 2026
FMPMonthlyReleased June 2026
Eurozone Producer Price Index YoY climbed to 4.9% in April 2026, released June 2026, up 2.9% from March's 2.0% reading. The reading matched the 4.8% consensus. Producer Price Index YoY has now risen for 3 consecutive months. Over the past 3 months, Producer Price Index YoY averaged -0.45%, vs -1.97% in the prior 3-month window. Producer Price Index YoY is now the highest in 15 months.
Latest Release
4.9
Actual
4.8
Consensus
2
Previous
Median Absolute Error
±0.21 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 4.8
Actual: 4.9
Error: -0.1
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 |
|---|---|---|---|---|---|
| EUR/JPY | ▼ Inverse | −0.61 | FOREX | Bearish EUR | → View |
| XAU/USD | ▼ Inverse | −0.54 | COMMODITIES | Bearish XAU | → View |
| EUR/USD | ▼ Inverse | −0.49 | FOREX | Bearish EUR | → View |
| Euro STOXX 50 | ▼ Inverse | −0.47 | INDEX | Bearish Euro STOXX 50 | → View |
| FTSE 100 | ▼ Inverse | −0.45 | INDEX | Bearish FTSE 100 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (European Union) was reported at 4.9% in June 2026. This beat the market consensus of 4.8% by 0.1%. The reading rose from the previous value of 2%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged -0.17%, ranging from -2.1% to 4.9% across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 0.23%, up from the prior three at -0.8%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/JPY (Bearish EUR). A secondary relationship exists with XAU/USD, negatively correlated (Bearish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 0.21%.
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.
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Producer Price Index YoY - EU
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About Producer Price Index YoY — European Union
DEFINITION
The EU's Producer Price Index YoY rose to 4.900000% in June, beating the 4.800000% estimate and sharply up from May's 2.100000%. This marks a significant acceleration in producer inflation after months of contraction from January through April. Market focus will remain on ECB policy as inflation pressures intensify ahead of upcoming economic data. 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 4.9 %, consensus 4.8 %. Prior reading (Mar 2026): 2.1 %. Before that (Feb 2026): -3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher 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 tailwind in the current projection. This indicator correlates most strongly with EUR/JPY (Bearish EUR, r=-0.61) — a useful reference for forex-focused traders.