Fri, 29 Nov 2013 18:08:03 GMT
Italy's producer price index slips 7th straight month
Industrial producer prices in Italy declined in October dropping for the seventh straight month mainly due to a 7.9% fall of energy products and a 1% slid of intermediate goods costs, a report published by the statistical office Istat revealed on Friday. According to the report, the country's producer price index slipped 2.7% in October following a 2.2% decrease in