Eurozone PPI unchanged in July

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Monday, Sep 04 2017

Eurozone PPI unchanged in July

In July 2017, compared with June 2017, industrial producer prices remained stable in the euro area (EA19), while they rose by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2017 prices decreased by 0.2% in the euro area and by 0.3% in the EU28. In July 2017, compared with July 2016, industrial producer prices rose by 2.0% in the euro area and by 2.3% in the EU28.

In the EU28, the 0.1% increase is due to rises of 0.2% for non-durable consumer goods and of 0.1% in the energy sector, while prices remained stable for capital goods and durable consumer goods and decreased by 0.1% for intermediate goods. Prices in total industry excluding energy also rose by 0.1%.

More in this category: « UK Construction PMI declined to 51.1 RBA left interest rates unchanged »

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