Tue, 03 Sep 2013 11:46:05 GMT
Eurozone producer prices accelerated in July
Annual producer prices in the Eurozone's industrial sector advanced 0.3% in July of this year from being steady a month earlier. Economists predicted a 0.2% modest advance. Prices for intermediate products became 0.5% more expensive, while energy and durable goods prices increased 0.6% both. The rise in producer prices indicate the recovery in the Eurozone economy.