Eurostat reported that on the 2nd December last year, the chain of producer price index for the euro area 17 countries and 27 EU countries decreased by 0.2% year on year increased by 4.3% and 4.9% respectively.
Durables and capital goods, the producer price index in the euro area and the EU remain the same chain; non-durable goods, euro zone producer price index remained unchanged, while the EU rose 0.1 percent.
The report shows that in December last year, the producer price index of the euro area and the EU energy sector qoq 0 World steel pipe network editing .4% and 0.6% respectively. In addition to the producer price index for other industrial sectors outside the energy sector, the euro zone and EU ring than a 0.1% decline.
The producer price index, also known as the wholesale price index is one of the important indicators for measuring inflation World Pipe network informed.