Off the wire
• 2nd LD-Writethru-China Focus: Illegal protest organizer convicted of subverting state power, given suspended sentence  • Olympic Football Preview: USA women defend fifth title against heavy weights  • Direct flight links northern Chinese city, Saipan  • Across China: Mogao Caves set record tourist numbers  • Italian PM plays down banking problem amid fall of bank shares  • Watford winger Berghuis loaned to Feyenoord  • Weather forecast for world cities -- Aug. 2  • Weather forecast for major Chinese cities, regions -- Aug. 2  • Tunisian president proposes new PM candidate  • Turkey hardens stance to press U.S. for Gulen extradition  
You are here: 　 Home

Eurozone's industrial producer prices see monthly increase but yearly slump in June

Xinhua, August 2, 2016 Adjust font size:

The 19-country Eurozone saw its industrial producer prices increased month-on-month in June, but slumped by a big margin on a yearly basis, official data showed Tuesday.

The industrial producer prices in the single currency bloc continued to pick up upward momentums in June compared with the previous month, rising by 0.7 percent, while in May the prices increased by 0.6 percent, said Eurostat, the statistical agency of the European Union (EU).

However, the prices decreased by 3.1 percent in the Eurozone, compared with June 2015. All member states witnessed declines year-on-year except Malta which recorded a yearly increase of 1 percent.

The largest yearly decrease was observed in debt-torn Greece, plummeting by 7.3 percent, followed by the Netherlands, sliding by 6.2 percent.

The yearly decrease was largely due to price falls in the energy sector, the Eurostat said.

In wider EU, the industrial prices increased by 0.8 percent, compared with May, but dropped by 2.9 percent year-on-year. Endit