euro zone industrial producer prices fall slightly in june
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Euro zone industrial producer prices fall slightly in June

Arab Today, arab today

Arab Today, arab today Euro zone industrial producer prices fall slightly in June

Euro zone
Brussels - XINHUA

Industrial producer prices fell by 0.1 percent both in the 19-member euro area and the 28-member European Union (EU) in June compared with the previous month, according to estimates released Tuesday by Eurostat, the EU's statistical office.

In the euro zone, the decrease is due to a fall of 0.2 percent in the energy sector, while prices remained stable for both intermediate goods and non-durable consumer goods, and increased by 0.1 percent for both capital goods and durable consumer goods.

In the EU bloc, industrial producer prices in total industry fell due to a fall of 0.3 percent in the energy sector, while prices remained stable for both intermediate goods and non-durable consumer goods, and increased by 0.1 percent for capital goods and by 0.2 percent for durable consumer goods.

On an annual basis, industrial producer prices decreased 2.2 percent in the euro area and 2.7 percent in the EU.

The annual decrease was mainly attributed to falls of energy sector, non-durable consumer goods and intermediate goods.

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