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Wednesday, the Eurostat revealed in a report that the Eurozone industrial producer price index, or PPI rose 3.3% year-over-year in November, slower than the 6.3% recorded in the previous month. Economists were looking for the rate of 4.4%.
On a monthly basis, the industrial PPI dropped 1.9% in November, after falling 0.8% in October. Economists had predicted a decrease of 1%.
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