empty
 
 

2021.03.0310:29:00UTC+00Eurozone Producer Prices Remain Stable In January

Eurozone producer prices remained stable in January, data from Eurostat showed on Wednesday.

The producer prices index remained unchanged year-on-year in January, after a 1.1 percent fall in December. Economists had forecast a fall of 0.4 percent.

Excluding energy, producer prices increased 0.7 percent in January, after a 0.1 percent rise in the previous month.

Prices of durable consumer goods rose 1.2 percent yearly in January. Prices of intermediate goods and capital goods grew by 0.9 percent and 0.8 percent, respectively.

Meanwhile, prices of energy declined 1.6 percent and that of non-durable consumer goods fell 0.5 percent.

On a month-on-month basis, producer prices gained 1.4 percent in January, following a 0.9 percent rise in the preceding month. Economists had forecast a growth of 1.2 percent.

In the EU27, producer prices gained 1.4 percent monthly in January and increased 0.2 percent from the same month last year.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback