Saturday, January 06, 2007

Forex News: 05.01.2007 Euro zone producer prices remain flat in November

Prices of products have remained unchanged in November, as energy prices decreased for the third month in a row.

Producer prices index stayed on its October level, while they grew 4.3% in the last twelve months, as the latest monthly report from the European Statistics Office shows. The monthly performance was expected by the economists.

Energy prices fell 0.3% from October, while they increased 6.9% in the last twelve months. Durable goods remained flat after having risen 0.2% in October.

Excluding energy, prices rose 0.1%. The annual rate of inflation decreased to 3.5% from 3.6% in October.


Post a Comment

<< Home