Denmark’s producer prices decreased in October, largely due to a fall in domestic market prices, data from Statistics Denmark showed Monday.
The overall producer price index fell 1.8 percent year-over-year in October, while it rose 0.5 percent from the previous month.
Domestic market producer prices declined notably by 4.9 percent in October from a year ago. In contrast, prices in the foreign market grew 0.9 percent.
On a monthly basis, both domestic and foreign market prices went up by 0.5 percent and 0.4 percent, respectively in October.
Import prices climbed 1.9 percent annually in October, while it dropped 0.2 percent from the preceding month.
The material has been provided by InstaForex Company – www.instaforex.com