Austria’s producer prices declined at a softer pace in November, figures from Statistics Austria showed on Wednesday.
The producer price index decreased 1.4 percent year-on-year in November, following a 1.5 percent fall in October.
The decline in producer prices was mainly driven by a fall in energy prices and intermediate goods by 5.3 percent and 1.2 percent, respectively.
Meanwhile, prices for capital and consumer goods rose 0.5 percent, each in November.
On a monthly basis, producer prices rose 0.3 percent in November, following a 0.2 percent increase in the preceding month.
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/unemployment-rate/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