Thursday, January 7, 2010

Producer price index in the euro zone have risen slightly for November

Producer Price Index (PPI) in the eurozone rose by 0.1% in November in monthly terms, said the EU statistical agency, Eurostat. However analysts predicted an increase in rate of 0,2% over the reporting period. In October, producer prices rose by 0,3%.
In annual terms, the producer price index for November fell by 4,4% while the forecast was -4.5%. In October, the annual rate was -6.6%.

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