Producer prices in Italy drop 0.7% in April

Market news

30 May 2016

Producer prices in Italy drop 0.7% in April

The Italian statistical office Istat released its producer price inflation data for Italy on Monday. Italian producer prices decreased 0.7% in April, after a 0.2% increase in March.

Producer price slid by 0.9% on domestic market and rose by 0.2% on non-domestic market in April.

On a yearly basis, Italian PPI fell 4.1% in April, after a 3.6% drop in February. February's figure was revised down from a 3.5% decline.

Producer price slid 4.5% on domestic market and by 2.1% on non-domestic market in April.

St. Louis Fed President James Bullard: global financial markets are “well-prepared” for an interest rate hike in the summer

Greek revised GDP decreases 0.5% in the first quarter

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