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  • Industrial producer prices up by 5.0% in the euro area and by 4.9% in the EU

    From ec.europa.eu

    In August 2022, industrial producer prices rose by 5.0% in the euro area and by 4.9% in the EU, compared with July 2022, according to estimates from Eurostat, the statistical office of the European Union. In July 2022, prices increased by 4.0% in the euro area and by 3.7% in the EU. In August 2022, compared with August 2021, industrial producer prices increased by 43.3% in the euro area and by 43.0% in the EU.Industrial producer prices in the euro area in August 2022, compared with July 2022, increased by 11.8% in the energy sector, by 0.8% for non-durable consumer goods, by 0.4% for capital goods, by 0.3% for ... (full story)

Wht different between euro area and eu ?
More inflation is on the way.
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The European Union (EU) is a politico-economic union of 28 member states that are located primarily in Europe. The eurozone (officially called the euro area is a monetary union of 19 of the 28 European Union (EU) member states which have adopted the euro
Quoting BaliBoyz80
Wht different between euro area and eu ?
The 4.9% would include countries like Sweden or the Czech Republic that are EU members but don't use the Euro.
Quoting BaliBoyz80
Wht different between euro area and eu ?
https://economy-finance.ec.europa.eu/euro/what-euro-area_en

Hope this helps.
Quoting zapp
{quote} The 4.9% would include countries like Sweden or the Czech Republic that are EU members but don't use the Euro.
Ok thanks
Quoting Chancy
{quote} https://economy-finance.ec.europa.eu/euro/what-euro-area_en Hope this helps.
Okay, thanks
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  • Story Stats
  • Posted: Oct 4, 2022 5:00am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 7  /  Views: 1,093
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