Denmark’s producer prices declined at a faster rate in July, figures from Statistics Denmark showed on Monday.
The producer price index fell 2.1 percent year-on-year in July, following a 1.6 percent decline in June.
Prices for mining and quarrying prices declined 20.1 percent and energy supply cost fell 25.4 percent.
Meanwhile, prices for water supply and manufacturing rose by 1.9 percent and 0.5 percent, respectively.
Domestic market prices declined 5.2 percent annually in June, while foreign market prices rose 0.2 percent.
On a monthly basis, producer prices remained unchanged in June.
Import prices decreased 3.1 percent yearly in June and fell 0.2 percent from a month ago.
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