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Eurozone industrial producer prices down by 0.3 percent in April

Xinhua, June 2, 2016 Adjust font size:

Industrial producer prices fell by 0.13 percent in the 19-member euro area and by 0.2 percent in the 28-member European Union (EU) in April compared with the previous month, according to estimates released Thursday by Eurostat, the EU's statistical office.

The decrease is due to a fall of 1.1 percent in the energy sector, and of 0.1 percent for non-durable consumer goods, while prices rose by 0.1 percent for both capital goods and durable consumer goods and by 0.2 percent for intermediate goods.

In the EU bloc, the 0.2 percent decrease is due to price falls of 0.5 percent in the energy sector and of 0.1 percent for non-durable consumer goods, while prices rose by 0.1 percent for both capital goods and durable consumer goods and by 0.2 percent for intermediate goods.

On an annual basis, industrial producer prices decreased 4.4 percent in the euro area and 4.2 percent in the EU.

The annual decrease was mainly attributed to falls of energy sector, non-durable consumer goods, and intermediate goods. Enditem