Industrial producer prices increase in Cyprus by 0.3% in February 2017 in monthly basis

Industrial producer prices increased in Cyprus by 0.3% in February 2017 in monthly basis and by 1.6% in annual basis, according to Eurostat.

In February 2017, compared with January 2017, industrial producer prices remained stable in the euro area (EA19), while they rose by 0.1% in the EU28. In January 2017 prices increased by 1.1% in both zones. In February 2017, compared with February 2016, industrial producer prices rose by 4.5% in the euro area and by 5.3% in the EU28.

The highest increases in industrial producer prices were observed in Greece (+1.3%), Ireland (+0.8%) and Denmark (+0.7%), and the largest decreases in Portugal (-1.5%), Spain (-1.4%) and Luxembourg (-0.6%).

Source: Cyprus News Agency