Eurozone producer price inflation increases in September
Eurozone producer price inflation increased in September, data from Eurostat showed.
Producer price inflation rose to 16% in September from 13.4% in August. Excluding energy, producer price inflation rose to 8.1% in September from 7.4% in the previous month.
Energy prices grew sharply by 40.7% from the last year.
Among other components, intermediate goods prices gained 15.2%.
Prices of capital goods and durable consumer goods rose 3.5%, each. Non-durable consumer goods prices grew 3.0%.
On a monthly basis, producer prices rose 2.7% in September, following a 1.1% increase in the preceding month.
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