Declining 0,2% MoM in November – YoY, overall producer price growth slowed to 2,1% in November, the lowest since July.
In November, the prices of industrial production in the Eurozone decreased by 0,2% compared to October. This was reported by Eurostat, specifying that the strongest contraction concerned the energy item (-0,7%), while prices for intermediate goods decreased by 0,2%. On capital goods and consumer goods, production prices rose by 0,1%.
On an annual basis, the general growth in producer prices slowed to 2,1% in November, against +2,6% in October. This is the lowest value since July of last year.
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
