Euro zone producer price growth accelerates in February

By Reuters5 days ago

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Reuters. FILE PHOTO: Workers assemble campers at Knaus-Tabbert AG factory in Jandelsbrunn

BRUSSELS (Reuters) - Euro zone producer prices increased at an accelerated year-on-year pace in February due to surges for energy and intermediate goods, data showed on Thursday, underlining expectations of faster consumer price growth in the coming months.

The European Union's statistics office Eurostat said prices at factory gates in the 19 countries sharing the euro rose 0.5% month-on-month for a 1.5% year-on-year rise.

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