# Euro zone producer prices rise more than expected in April

> Euro zone producer prices rose 1.0% month on month in April and 7.6% year on year, above economist forecasts. Energy prices drove the year-on-year gain, with energy up 20.4% against April 2020.

- Date: 2021-06-02 · published 2021-06-02T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/46808-euro-zone-producer-prices-rise-more-than-expected-in-april
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Rising European input costs, particularly energy, raise the cost of fertilizer, transport and processing, which can support feed prices and European demand for imported feed ingredients.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-04-01 | [Gas prices will rise and there's not much we can do to stop it](https://feedsoft.ai/events/72174-gas-prices-will-rise-and-there-s-not-much-we-can-do-to-stop-it.md) | +2.7% | +2.5% |
| NATGAS | 2017-11-01 | [Australian domestic natural gas prices increase as LNG exports rise](https://feedsoft.ai/events/68639-australian-domestic-natural-gas-prices-increase-as-lng-exports-rise.md) | +8.5% | +3.8% |
| NATGAS | 2021-09-30 | [Why are gas prices on the rise and what does this mean for Singapore? - CNA](https://feedsoft.ai/events/45222-why-are-gas-prices-on-the-rise-and-what-does-this-mean-for-singapore-cna.md) | +4.2% | +8.1% |
| NATGAS | 2020-06-30 | [TTF gas prices \| European Gas Hub](https://feedsoft.ai/events/52801-ttf-gas-prices-european-gas-hub.md) | +7.6% | +7.4% |
| NATGAS | 2022-12-14 | [Nitrogen fertilizer prices at mercy of global issues \| The Western Producer](https://feedsoft.ai/events/38179-nitrogen-fertilizer-prices-at-mercy-of-global-issues-the-western-producer.md) | -25.0% | -49.3% |

## Sources

- reuters.com: https://www.reuters.com/business/euro-zone-producer-prices-rise-more-than-expected-april-2021-06-02/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.