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.

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