The industrial producer prices declined by 0.2% in the Eurozone and by 0.3% in the European Union in November 2015 compared to October, according to EU’s statistical office Eurostat.

The largest decreases took place in Cyprus (-1.6%), Estonia (-1.1%) and Denmark (-0.9%). Ireland, France, Latvia and Slovakia saw a growth of 0.2% month-on-month whereas Malta recorded a 0.3% increase in its industrial producer prices.

When compared to November 2014, the industrial producer prices went down by 3.2% in the Eurozone and 3.5% in the wider EU. Some of the steepest declines were recorded in Lithuania (-9%), the Netherlands (-8.1%), and the UK (-7%). (source: Romania-insider.com)