7 January 2013, 17:18  Industrial producer prices in Eurozone

Industrial producer prices in Eurozone declined for the first time in five months in November, data from Eurostat showed Monday. The producer price index fell 0.2 percent month-on-month in November compared to 0.1 percent rise in the previous month. The outcome was in line with economists' forecast. Annually, the PPI rose 2.1 percent in November compared to forecast for a 2.4 percent increase in the preceding month. In October, the index was up 2.6 percent. The producer prices for intermediate goods fell 0.2 percent from the previous month, while there was a 0.7 percent decline in energy prices. Prices of capital goods increased 0.1 percent month-on-month. The producer costs for consumer durables as well as non-durables also increased 0.1 percent each.

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