Euro zone producer prices fell in December on the year for the fifth consecutive...
FILE PHOTO: General view of the ThyssenKrupp Steel Europe plant in Duisburg and other industrial facilities located in the Rhine-Ruhr area, seen from the Halde Haniel located in Bottrop, Germany, January 26, 2020. REUTERS/Leon Kuegeler
Eurostat said prices at factory gates in the 19 countries sharing the euro dropped by 0.7% year-on-year in December, after a 1.4% plunge in November, in line with market expectations. Without that volatile component, industrial producer prices rose 0.5% in December, up from 0.3% in November. On the month, overall industry prices were flat in December, after a 0.1% rise in November, confirming market forecasts.
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