Portugal Producer Prices Increase In December

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Wednesday, the Statistics Portugal announced that the producer price index or PPI rose 0.8% year-on-year in December, compared to the 1.6% fall in the previous month. A year year ago, the PPI was down 0.9%.

On a monthly basis, the PPI increased 0.2% in December, slower than the 0.5% growth in the preceding month.

Meanwhile, manufacturing PPI rose 0.2% annually in December, after falling 2.7% in November. Manufacturing PPI was up 0.2% compared to the preceding month.

Wednesday, the Statistics Portugal announced that the producer price index or PPI rose 0.8% year-on-year in December, compared to the 1.6% fall in the previous month. A year year ago, the PPI was down 0.9%. (Market News Provided by RTTNews)