Industrial producer prices in eurozone down by 8.6% in January

Industrial producer prices in eurozone down by 8.6% in January

Both eurozone, EU post price declines in industrial production

By Gokhan Ergocun

ISTANBUL (AA) - Industrial producer prices in the euro area went down by 8.6% year-on-year in January, Eurostat revealed on Tuesday.

The prices were also down by 8.4% in the EU over the same period, the 27-member bloc's statistical authority said.

On a monthly basis, producer prices decreased by 0.9% in both the euro area and the EU.

In December 2023, prices fell by 0.9% in the euro area and by 0.8% in the EU, it added.

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