Portugal with 4th largest YoY fall in industrial producer prices in EU
According to the Eurostat, the largest year-on-year falls were recorded in Denmark (-5.7%), Estonia (-4.7%), Italy (-3.8%) and Portugal (-3.7%).
Industrial producer prices fell in the euro area and the EU in February, both against January and the year-on-year change, with Portugal recording the second and fourth-largest falls respectively, according to Eurostat.
Compared with February 2019, industrial producer prices fell by 1.3% in the euro zone and 1.0% in the EU, while the monthly variation was 0.6%, both in the average of the euro countries and the 27 member states.
According to the European Statistical Bulletin, the largest year-on-year falls were recorded in Denmark (-5.7%), Estonia (-4.7%), Italy (-3.8%) and Portugal (-3.7%) and the main advances in Romania (3.4%), Hungary (3.3%) and Bulgaria (3.0%).
Compared to January, the main falls were in Denmark (-2.2%), Portugal and Spain (-1.3% each) and the biggest increases were in Slovakia (2.2%), Ireland and Cyprus (0.2% each).
