In November, Italy's producer prices fell by 0.2% year-on-year, marking the first decline in a year.
In November, Italy's industrial producer prices fell by 0.2% compared to the same period last year, after rising by 0.1% the previous month, marking the first year-on-year decrease since November 2024. Domestic producer prices decreased by 0.3%. The price increase in other manufacturing, basic pharmaceutical products, and metallurgy was offset by a 3.8% decrease in electricity and gas supply prices. Meanwhile, foreign producer prices rose by 0.6%. Growth in the Eurozone was mainly driven by transportation equipment, food, beverages, and tobacco, while outside the Eurozone it was mainly driven by other manufacturing. Excluding energy, domestic producer prices rose by 1.0% compared to the same period last year, and by 0.3% compared to the previous month. Monthly data showed a significant increase of 1% in producer prices compared to the previous month, the largest increase since June, driven mainly by rising energy prices, especially refined petroleum products and electricity.
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