The Italian statistical office Istat released its producer price inflation data for Italy on Thursday. Italian producer prices decreased 0.4% in February, after a 0.7% decline in January.

Producer price declined by 0.5% on domestic market and by 0.4% on non-domestic market in February.

On a yearly basis, Italian PPI fell 3.5% in February, after a 2.5% drop in January.

Producer price slid 4.1% on domestic market and by 1.8% on non-domestic market in February.