Denmark’s producer prices declined in June largely driven by falling prices of mining and quarrying, figures from Statistics Denmark showed on Wednesday.
The producer price index fell 1.6 percent year-on-year in June, slower than the 5.6 percent decline in May.
The latest decline in the producer prices was largely due to a 25.5 percent decrease in mining and quarrying prices and a 17.7 percent fall in energy supply cost, the agency said.
Domestic market prices declined 3.8 percent annually in May, while foreign market prices rose 0.2 percent.
On a monthly basis, producer prices rose 3.4 percent in May.
Import prices decreased 2.8 percent yearly in May but rose 0.4 percent from a month ago.
For comments and feedback contact: editorial@rttnews.com
[Economic News][1]
What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][3], [unemployment rate][4], [inflation][5] and much more.
- www.rttnews.com/Content/EconomicNews.aspx
- www.rttnews.com/economic-scorecard/world-rank/industrial-production/highest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/GDP/highest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/unemployment-rate/lowest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/CPI/highest-performance.aspx