Italy's producer prices declined at a faster pace in November, preliminary figures from the statistical office Istat showed Tuesday.
Industrial producer prices fell 1.2 percent year-on-year in November, slightly faster than 1.1 percent decline in October. Producer prices have been falling since March 2013.
On a monthly basis, producer prices fell 0.2 percent during the month, after a 0.3 percent drop seen in October. It was the second consecutive month of decrease.
Domestic market producer prices dropped 0.2 percent from the previous month and 1.6 percent from a year ago.
Export market prices fell 0.1 percent both monthly and annually.
The material has been provided by InstaForex Company – www.instaforex.com