• Eurozone producer price index rose in line with forecasts in September

Market news

4 November 2020

Eurozone producer price index rose in line with forecasts in September

According to the report from Eurostat, in September 2020, industrial producer prices rose by 0.3% in both the euro area and the EU, compared with August 2020. In August 2020, prices increased by 0.1% in the euro area and by 0.2% in the EU.

In September 2020, compared with September 2019, industrial producer prices decreased by 2.4% in the euro area and by 2.2% in the EU.

Industrial producer prices in the euro area in September 2020, compared with August 2020, increased by 0.8% in the energy sector and by 0.1% for intermediate goods, while prices remained stable for capital goods, durable consumer goods and non-durable consumer goods. Prices in total industry excluding energy remained stable.

In the EU, industrial producer prices increased by 0.7% in the energy sector and by 0.1% for intermediate goods, while prices remained stable for capital goods, durable consumer goods and non-durable consumer goods. Prices in total industry excluding energy remained stable.

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