5 January 2001, 14:20 EMU DATA
EMU DATA: Industrial producer prices in November rose 0.4% on the month
and 6.5% on the year after rising 0.6% m/m and 6.5% y/y in October. The
month-on-month data was at the high end of forecasts in an MNI survey,
while the year-on-year figure was slightly higher. The m/m deceleration
was is due mainly to falling oil prices as reflected in the smaller
increase in the intermediate goods index, which rose 0.5% m/m after
+1.2% in October and +2.4% in September. The durable consumer goods
index was flat on the month.
© 1999-2024 Forex EuroClub
All rights reserved