Italy Producer Prices Fall Further

avatar
· Views 214

Italy's producer prices continued to decline in November, data from the statistical office Istat showed on Friday.

The producer price index declined 2.3 percent year-on-year in November, following a 2.4 percent fall in October.

On a monthly basis, producer prices dropped 0.2 percent in November, after a 0.7 percent rise in the preceding month.

In the domestic market, producer prices fell 0.2 percent month-on-month and declined by 2.8 percent from a year ago in November.

Producer prices in the foreign market decreased 0.1 percent monthly in November and decreased 1.1 percent yearly.

Economic News

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest