28.11.201910:52:00UTC+00Italy Producer Prices Fall For Fourth Month

Italy's producer prices fell for the fourth straight month in October, data from the statistical office Istat showed on Thursday.

The producer price index declined 3.0 percent year-on-year in October, following a 1.6 percent fall in September.

On a monthly basis, producer prices edged down 0.1 percent in October, reversing a 0.2 percent increase in the preceding month.

In the domestic market, producer prices remained unchanged compared to September and fell by 4.1 percent from a year ago in October.

Producer prices in the foreign market fell by 0.1 percent monthly and increased 0.2 percent annually.