The January rise in producer prices in the eurozone exceeded forecasts

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In January, producer prices in the eurozone showed an increase of 0.4% compared to December, Eurostat reported. According to experts, growth was expected at the level of 0.3%. Compared with the same month of the previous year, the figure rose by 3%, while economists had predicted a 2.9% rise. Over the month, energy prices went up by 0.4%, while in December their value dropped by 2.7%. Intermediate and capital goods also showed an increase in rices over the first month of the year. In the first category of goods, an increase of 0.3% was recorded, in the second one - by 0.6%. Statistics also showed an acceleration in consumer inflation in February to 1.5% from 1.4% a month earlier. The inflation rate, which does not take into account energy, was 1.2%.

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