Producer prices decreased in January in the euro area and in the EU on a monthly and annual basis
Producer prices fell in January in the euro area and in the European Union, both monthly and year-on-year, according to a statement released on Tuesday by Eurostat, the EU’s statistical office.
In January, producer prices in the euro zone fell by 0.9 percent, more than the average of analysts’ expectations, by 0.9 percent compared to December, when they also fell by 0.9 percent.
In the EU, the monthly producer price decrease was also 0.9 percent compared to December, when a decrease of 0.8 percent was recorded. In the euro area, energy prices fell by 2.9 percent on a monthly basis after the 2.3 percent decrease in December. And in the EU, the decline accelerated from 2.3 percent to 2.5 percent.
Related news
Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >Mihály Varga: the central bank’s primary goal is to maintain price stability
The primary goal of the Hungarian National Bank (MNB) is…
Read more >Portfolio.hu: A wage explosion is taking place in Hungary that has hardly any precedent in the EU
According to a recent Eurostat survey, wages in Hungary increased…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >