Producer prices declined in the euro area and in the EU in August
In August, the producer prices decreased in both the euro zone and in the European Union, after the rise in the previous month – Eurostat reported on Tuesday.
In August compared to the previous month, industrial producer prices fell by an average of 0.2 percent in the 19 members of the euro-zone and in the 28 Member States of the European Union. In July, the rise in prices was 0.3 percent in both regions.
Compared to the previous year, industrial producer prices decreased by 2.1 percent in the euro zone and by 1.6 percent in the by European Union in August this year. (MTI)
Related news
Russian cucumbers flood the EU: the market for Polish producers is tense
Although the European Union’s sanctions policy on Russian agricultural products…
Read more >The single market would get a new boost: EU strategy to break down trade barriers
The European Commission is set to revamp the single market…
Read more >European Central Bank: Water scarcity is the most significant natural risk to the European economy
Surface water scarcity is the most significant natural risk to…
Read more >Related news
Food Price Margin Reduction Extended Until the End of August
István Nagy, Hungary’s Minister of Agriculture, announced on his official…
Read more >Rules on meat products are getting stricter – a new concept is also included in the regulation
A new regulatory amendment has been proposed in Hungary: the…
Read more >EUDR country assessments – or which countries are at risk from deforestation
On 23 May, the European Commission published its country assessment…
Read more >