Data released by Eurostat on August 4 showed that Produce Price Index (PPI) in June in Eurozone has first risen since July 2008, creating a new record high than the decrease degree of the same period last year.
Eurostat stated that June PPI in Eurozone was up 0.3% than May, down 6.6% than the same period of last year, setting the widest yearly range since the data was worked out.
May PPI in Eurozone, after correction, remained the same level of April, down 5.9% than the same period of last year. Eurostat amended the May PPI data, the initial value down 0.2% than last month, down 5.8% than the same period of last year.
The above-mentioned data basically correspond to economists expectation. Some economists predicted that June PPI in Eurozone increased 0.1% than May, down 6.6% than the same period of last year.
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Eurostat stated that June PPI in Eurozone was up 0.3% than May, down 6.6% than the same period of last year, setting the widest yearly range since the data was worked out.
May PPI in Eurozone, after correction, remained the same level of April, down 5.9% than the same period of last year. Eurostat amended the May PPI data, the initial value down 0.2% than last month, down 5.8% than the same period of last year.
The above-mentioned data basically correspond to economists expectation. Some economists predicted that June PPI in Eurozone increased 0.1% than May, down 6.6% than the same period of last year.
For more information please click: www.chinametalbiz.com
