Europe Producer-Price Inflation Unexpectedly Accelerates
This article is for subscribers only.
European producer-price inflation unexpectedly accelerated to the fastest in 2 1/2 years in March, adding to concerns that surging energy costs will feed through to consumers and prompt the European Central Bank to raise interest rates further.
Factory-gate prices in the euro region jumped 6.7 percent from a year earlier, the fastest since September 2008, after a