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    04.08.2015 09:25 Eurozone's producer price index declines 0.1% in June

    Eurostat released its producer price index for the Eurozone on Tuesday. Eurozone's producer price index declined 0.1% in June, missing expectations for a flat reading, after a flat reading in May.

     

     

    Intermediate goods and non-durable consumer goods prices were flat in June, and capital goods prices rose 0.1%, while durable consumer goods prices climbed 0.1%.

     

     

    On a yearly basis, Eurozone's producer price index dropped 2.2% in June, in line with expectations, after a 2.0% fall in May.

     

     

    Eurozone's producer prices excluding energy fell 0.4% year-on-year in May. Energy prices dropped at an annual rate of 7.0%.


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