Italy Producer Prices Fall For Eighth Month

Italy’s producer prices declined for the eighth month in a row in February, data from Istat showed on Tuesday.

The producer prices index decreased 2.6 percent year-on-year in February, following a 2.3 percent decline in January.

On a monthly basis, producer prices decreased 0.4 percent in February, following a 0.2 percent fall in the previous month.

In the domestic market, producer prices decreased by 0.6 percent monthly in February and declined 3.8 percent from a year ago.

Producer prices in the foreign market fell by 0.1 percent on month and rose 0.6 percent from the previous year.

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