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The prices of products coming from manufacturing ports fell by 0.6% in the EU and in the euro area in more, compared with the previous month, when a decline of 2.1% in the EU and 2.2% in the euro area was recorded, shows the published data by the European Statistical Office (Eurostat).
The most significant impact on producer price developments in May was caused by energy prices.
Eurozone PPI Falls -0.6% Mom In May, Weak Pipeline Inflation - Data Intelligence
Eurozone PPI fell -0.6% mom in May, in line with market expectations, as falling energy costs drove the decline. On an annual basis, PPI decelerated from 0.7% to 0.3% yoy. Energy prices dropped -2.1% mom on the month, while prices for intermediate goods slipped -0.1% mom. In contrast, prices for durable and non-durable consumer goods rose 0.3% mom and 0.2% respectively mom. Excluding energy, producer prices still edged up 0.1% mom. Across the EU…
Industrial production prices in the eurozone fell by 0.6% last May compared to April, when they dropped by 2.2%, according to data published by Eurostat on Friday.
In Spain, 0.7% were reduced in May, but stagnated at year-on-year level MADRID, 4 (EUROPA PRESS) The industrial production prices of the eurozone fell by 0.6% last May compared to April, when they fell by 2.2%, according to data published this Friday by Eurostat.In the [...] The entry Industrial production prices fall in May by 0.6% both in the eurozone and in the EU appears first in Forbes Spain.
The euro area's industrial producer price index fell by 0.6% in May compared to the previous month, Eurostat announced on Friday.
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