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    02.09.2015 09:14 Eurozone's producer price index declines 0.1% in July

    Eurostat released its producer price index for the Eurozone on Wednesday. Eurozone's producer price index declined 0.1% in July, in line with expectations, after a flat reading in June. June's figure was revised up from a 0.1% drop.

     

     

    Intermediate goods prices were flat in July, capital goods prices rose 0.1%, and both durable and non-durable consumer goods prices climbed 0.1%, while energy prices decreased 0.5%.

     

     

    On a yearly basis, Eurozone's producer price index dropped 2.1% in July, in line with expectations, after a 2.1% fall in June. June's figure was revised up from a 2.2% decline.

     

     

    Eurozone's producer prices excluding energy fell 0.4% year-on-year in July. Energy prices dropped at an annual rate of 6.5%.


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