In November 2020 a year-on-year decrease of 1.9 percent was recorded
The decline in manufacturer prices in the euro zone has weakened again. Compared to the same month last year, producer prices fell by 1.9 percent in November, as the Eurostat statistics office announced in Luxembourg on Wednesday. In October, the decline was 2.0 percent, in the months before it was even stronger. Analysts had expected an average price decline of 2.1 percent for November.
Energy prices continue to exert a strong influence on the prices that manufacturers receive for their products. They have been falling significantly for months, albeit noticeably weaker. Price increases occur in consumer durables and capital goods. In other categories, producer prices stagnate or fall.
