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    03.05.2016 09:37 Eurozone's producer price index rises 0.3% in March

    Eurostat released its producer price index for the Eurozone on Tuesday. Eurozone's producer price index rose 0.3% in March, beating expectations for a 0.1% fall, after a 0.7% decrease in February.

     

     

    Intermediate goods prices fell 0.1% in March, capital goods prices were flat, non-durable consumer goods prices were down 0.1% and durable consumer goods prices were up 0.2%, while energy prices increased 1.2%.

     

     

    On a yearly basis, Eurozone's producer price index dropped 4.2% in March, beating expectations for a 4.3% decline, after a 4.2% fall in February.

     

     

    Eurozone's producer prices excluding energy fell 1.1% year-on-year in March, after a 0.8% decline in February. Energy prices dropped at an annual rate of 12.1% in March.


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