Producer prices in the euro area and the EU rose by 0.4% in June

Producer prices in the euro area increased by 0.4% in June 2018 compared to the previous month, when their growth was 0.8%, according to Eurostat. Analysts had expected a 0.3% rise in producer prices. Compared with June last year, the price increase was 3.6%, while analysts had predicted the growth of 3.5%. In the European Union, the indicator in monthly terms also increased by 0.4%, and in annual terms - by 4.4%. The most significant increase in producer prices for the month was recorded in Denmark – 2.6%, and Estonia - 2.1%. The decrease was observed in Luxembourg - by 0.9%, in Greece - by 0.6%, and in Croatia - by 0.1%.

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