Friday, August 31, 2007

Italian Producer Price Monthly Inflation In Line With Expectations

Aug 31, 2007 - Italian producer prices rose 0.4% month-on-month in July, the statistical office ISTAT revealed Friday. On a yearly basis, producer prices grew 2.1% in July. While the monthly increase was in line with economists' consensus, the annual increase came in a tad lower than the 2.2% expected. During the first seven months of the year, producer prices climbed 3.2% year-over-year.

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