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Financial News: Austria PPI Inflation Eases Slightly

Austria PPI Inflation Eases Slightly

03/29/2018 - 03:42:00 (RTTNews)

(RTTNews) - Austria's producer price inflation eased for the third straight month in February, though marginally, preliminary figures from Statistics Austria showed Thursday.

Producer prices climbed 1.2 percent year-over-year in February, just below the 1.3 percent rise in January.

The overall PPI inflation in February was mainly due to price increases for intermediate goods.

On a monthly basis, producer prices remained flat in February after a 0.4 percent increase in the prior month.

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