Producer prices increased 24.6% year-on-year in the euro area and 25.2% in the EU in December last year, according to Eurostat data released on Friday.

Industrial producer prices in the energy sector jumped 48.6% from a year earlier in the euro area and 49.6% in the EU.

The prices rose in all member states, with the largest yearly hike registered in Hungary (62.7%), Latvia (49.4%), and Romania (41.9%)

On a monthly basis, industrial producer prices rose 1.1% in the euro area and 1.2% in the EU in December.

Read more: Eurozone producer prices surge 24.6% annually in December [Anadolu Agency (Turkey)]

Source: https://www.aa.com.tr/en/economy/eurozone-producer-prices-surge-246-annually-in-december/2805365

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