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.
posted by Kalin Tasev @ 1:32 AM
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