(Finance) – Producer prices in the Eurozone are still slowing down. In November, the figure recorded a 0.3% drop on a monthly basis, compared to +0.3% in the previous month and the -0.1% estimated by analysts.
According to the European Union Statistical Office (Eurostat), the data records a decrease on an annual basis of 8.8% rcompared to -9.4% of the previous month and against the -8.7% of the consensus.
Prices in the entire European Union (EU27) recorded a decrease of 0.2% on a quarterly basis and a decrease of 8.1% on a yearly basis.
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