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Financial News: Italy Producer Prices Fall For Ninth Month

Italy Producer Prices Fall For Ninth Month

04/29/2020 - 08:09:00 (RTTNews)

(RTTNews) - Italy's producer prices declined for the ninth straight month in March, data from Istat showed on Wednesday.

The producer prices index decreased 3.6 percent year-on-year in March, following a 2.7 percent decline in February.

On a monthly basis, producer prices decreased 1.0 percent in March, following a 0.5 percent fall in the previous month.

In the domestic market, producer prices decreased by 1.3 percent monthly in March and declined 4.9 percent from a year ago.

Producer prices in the foreign market fell by 0.5 percent month-on-month and decreased 0.1 percent from the previous year.

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