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Financial News: Italy PPI Climbs For Third Month

Italy PPI Climbs For Third Month

03/31/2017 - 07:03:00 (RTTNews)

(RTTNews) - Italy's producer prices increased for the third straight month in February, figures from the statistical office Istat showed Friday.

Producer prices rose at a faster pace of 3.3 percent year-over-year in February, following a 2.5 percent climb in the prior month.

Prices grew 3.7 percent on domestic market and by 2.1 percent on foreign market.

On a monthly basis, producer prices went up 0.3 percent from January, when it increased by 1.0 percent.

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