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Producer prices of industrial production in the Eurozone in November rose by 0.2%

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In the Euro zone of the European Union in November with a slight increase in prices for industrial products. While in annual comparison continues falling prices.

Producer prices of industrial production in the Eurozone in November rose by 0.2%

In November 2019 compared to October 2019 producer prices of industrial products in the Euro area rose by 0.2% and in the EU28 bloc - 0.1%, announced in a statistical office of the European Union. In October 2019, prices remained stable in both the Euro area and in EU28.

In November 2019 compared to November 2018, producer prices of industrial production in the Eurozone fell by 1.4% and 1.0% in the eu28.

the Highest growth of producer prices of industrial products was recorded in Greece (+ 3.4 percent), France (+ 1.1%) and Sweden (+ 0.9 per cent), while the greatest decrease was observed in Portugal (-0,9%), Spain (-0.6%) and Latvia (-0,5%).

the Largest drop in the Eurozone showed prices in the energy sector by 6.1% in annual comparison. 1.4% dropped the price of intermediate goods while prices of capital goods rose 1.4%, 1.6% durable goods.

In the eu28, producer prices of industrial products declined by 5.2% in the energy sector and 1.1% for intermediate goods, while prices rose 1.4% on capital goods and durables.

the Largest decline of producer prices of industrial products was observed in Denmark (-4,8%), Italy (-3,6%), Belgium (-3.2%) and Portugal (-2,7%), while the largest increase was recorded in Bulgaria (+ 4,0%), Romania (+ 3.6 percent), Greece and Slovenia (both + 2,0%).

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