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9/2/2021, 11:00 AM (Source: TeleTrader)
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Eurozone producer prices rise 2.3% in July

Industrial producer prices in the euro area increased 12.1% in July compared to the same month of the previous year, Eurostat reported on Thursday. In the whole of European Union, the figure was up 12.1%.

Meanwhile, on the monthly basis, producer inflation grew 2.3% in EA19 and 2.2% in the EU27.

The increase in energy prices contributed most to the rise, followed by intermediate goods and then durable consumer goods.

Baha Breaking News (BBN) / MD