Euro Zone Producer Prices Rise Slightly Faster Than Expected In January

www.oann.com | 1/31/2013 | Staff
megzmegz123 (Posted by) Level 3
BRUSSELS (Reuters) – Euro zone producer prices rose slightly faster than expected in January, pushed up by a jump in energy, intermediate and capital goods, data showed on Monday.

The European Union’s statistics office Eurostat said prices at factory gates in the 19 countries sharing the euro rose 0.4 percent month-on-month for a 3.0 percent year-on-year increase.

Economists - Reuters - Percent - Rise - Gain

Economists polled by Reuters had expected a 0.3 percent monthly rise and a 2.9 percent annual gain.

Eurostat said energy prices rebounded in January, rising 0.4 percent on the month, after a 2.7 percent fall in December. Intermediate goods prices rose 0.3 percent after a 0.4 percent decline...
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