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2% fall in producer prices

03/03/2015 12:20
Prices of industrial products declined in January 2015 in Cyprus, as shown by data released by Eurostat today.

According to Eurostat data, the prices of industrial products decreased by 1.9% compared to January 2014. In December 2014 the fall reached 1%.

Prices fell in all Member States except Luxembourg, where an increase of 1.4% was recorded.

The largest decreases were observed in the Netherlands (-10.9%), Lithuania (-10.6%) and the UK (-9.5%).

In EU-28 the prices of industrial products decreased by 4.1% while in the eurozone they fell by 3.4%.