Producer prices in the euro area have risen more than expected
The EU’s Statistical Office the Eurostat announced on Tuesday that producer prices in August increased by 0.3 percent in the 19 member states of the euro area, compared to the previous month and also with 0.3 percent in the 28 EU Member States.
The market expected a smaller 0.2 percent growth in August in the euro area.
The monthly price increase was 0.7 percent in July in the euro area and 0.5 percent in the European Union. (MTI)
Related news
Consumer sentiment in the euro area improved to a more than two-year high in April
Consumer sentiment in the eurozone improved somewhat less than expected,…
Read more >The annual growth rate of food, alcoholic beverages and tobacco prices slowed to 2.6 percent in March in the eurozone
In accordance with the preliminary estimate, the annual inflation in…
Read more >Retail sales decreased in the euro area and the EU in February
Retail turnover in the euro area and the EU decreased…
Read more >Related news
Shrink inflation is getting worse
Dishwashing detergent, sweets, sour cream, cottage cheese, kefir and camembert…
Read more >NGM: innovation means the future of the food industry, State Secretary Gergely Fábián handed over new developments
In the framework of the Food Supplier Development Program (ÉLIP…
Read more >GVH: The postponement of certain amendments to the Competition Act is justified
The Economic Competition Authority (GVH) agrees with the postponement of…
Read more >