European Industrial PPI Rises in August

The industrial producer price index (PPI) increased in August by 0.1% in the Eurozone, and by 0.2% in the European Union (EU), according to estimates by Eurostat.

Last month saw some easing of preventive measures against the COVID-19 pandemic in Europe.

On an annual basis, industrial producer prices decreased by 2.5% in the euro area and by 2.3% in the EU.