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The Italian statistical office Istat released its producer price inflation data for Italy on Friday. Italian producer prices decreased 0.7% in December, after a 0.4% decline in November. November's figure was revised up from a 0.5% drop.
Producer price declined by 0.7% on domestic market and by 0.5% on non-domestic market in December.
On a yearly basis, Italian PPI fell 3.3% in December, after a 3.2% drop in November. November's figure was revised up from a 3.3% fall.
Producer price slid 4.0% on domestic market and by 0.9% on non-domestic market in December.
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