FOREX TradingCharts.com

Financial News: Denmark PPI Inflation Accelerates Further

Denmark PPI Inflation Accelerates Further

05/16/2022 - 03:59:00 (RTTNews)

(RTTNews) - Denmark's producer price inflation accelerated for the third straight month in April, largely driven by a surge in prices for energy supply and raw material extraction, figures from Statistics Denmark showed on Monday.

Both producer prices and import prices rose at record annual rates in April.

Producer prices climbed 37.4 percent year-over-year in April, faster than the 35.1 percent increase in March. Prices have been rising since February 2021.

The price index for energy supply soared 274.7 percent annually in April and those of raw material extraction grew 144.3 percent. Domestic market prices rose 62.3 percent in April compared to last year and foreign market prices registered an increase of 18.0 percent.

On a monthly basis, overall producer prices went up 2.5 percent in April, following a 3.8 percent gain in the prior month.

Data also showed that import prices increased 21.6 percent yearly.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Romania Central Bank Raises Key Rate Further (07 hr(s), 11 min(s), 52 sec(s) ago)
(RTTNews) - Romania's central bank raised its monetary policy rate more than expected on Wedne ...Full Story»

Egypt Non-Oil Private Sector Activity At 2-Year Low (09 hr(s), 02 min(s), 52 sec(s) ago)
(RTTNews) - Egypt's non-oil private sector activity deteriorated at the fastest pace in two ye ...Full Story»

Ireland Jobless Rate Rises Slightly In June (09 hr(s), 12 min(s), 52 sec(s) ago)
(RTTNews) - Ireland's unemployment rate increased marginally in June, after falling in the pre ...Full Story»

Taiwan Inflation Highest Since August 2008 (09 hr(s), 45 min(s), 52 sec(s) ago)
(RTTNews) - Taiwan's consumer price inflation accelerated at a faster-than-expected pace in Ju ...Full Story»

Malaysia Central Bank Hikes Rate Again By 25 Bps (10 hr(s), 12 min(s), 52 sec(s) ago)
(RTTNews) - Malaysia's central bank raised its key interest rate by a quarter-point for the se ...Full Story»

Hungary Industrial Output Growth At 6-Month Low; Retail Sales Grow Strongly (10 hr(s), 29 min(s), 52 sec(s) ago)
(RTTNews) - Hungary's industrial production expanded at the weakest pace in six months in May, ...Full Story»

Eurozone Retail Sales Rebound Less Than Forecast (11 hr(s), 49 min(s), 52 sec(s) ago)
(RTTNews) - Eurozone retail trade recovered at a slower-than-expected pace in May, figures from Eu ...Full Story»

Finland May Trade Deficit Widens (12 hr(s), 24 min(s), 52 sec(s) ago)
(RTTNews) - Finland's trade deficit widened in May with imports rising faster than exports, pr ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Romania Central Bank Raises Key Rate Further

07/06/2022 - 10:48 AM (RTTNews)
(RTTNews) - Romania's central bank raised its monetary policy rate more than expected on Wedne ...Full Story>>

Egypt Non-Oil Private Sector Activity At 2-Year Low

07/06/2022 - 08:57 AM (RTTNews)
(RTTNews) - Egypt's non-oil private sector activity deteriorated at the fastest pace in two ye ...Full Story>>

Ireland Jobless Rate Rises Slightly In June

07/06/2022 - 08:47 AM (RTTNews)
(RTTNews) - Ireland's unemployment rate increased marginally in June, after falling in the pre ...Full Story>>

Taiwan Inflation Highest Since August 2008

07/06/2022 - 08:14 AM (RTTNews)
(RTTNews) - Taiwan's consumer price inflation accelerated at a faster-than-expected pace in Ju ...Full Story>>

Malaysia Central Bank Hikes Rate Again By 25 Bps

07/06/2022 - 07:47 AM (RTTNews)
(RTTNews) - Malaysia's central bank raised its key interest rate by a quarter-point for the se ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.