Euro zone producer prices fall at slower pace in December
Share:
BRUSSELS (Reuters) - Euro zone producer prices fell in December on the year for the fifth consecutive month but their drop was slower than in November, estimates from the EU statistics office showed on Tuesday.Eurostat said prices at factory gates in the 19 countries sharing the euro dropped by 0.7% year-on-year in December, after a 1.4% plunge in November, in line with market expectations.The slowdown in industry deflation was mostly caused by a less prominent fall in energy prices, which..