Italy’s producer prices rose for the third month in a row in April, data from the statistical office Istat showed on Friday.
The producer price index increased 6.5 percent year-on-year in April, following a 2.7 percent rise in March.
On a monthly basis, producer prices rose 1.1 percent in April, following a 0.9 percent increase in the preceding month.
In the domestic market, producer prices grew 1.2 percent month-on-month in April.
Producer prices in the foreign market increased 0.9 percent monthly in April.
The material has been provided by InstaForex Company – www.instaforex.com