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Wednesday, April 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

Big Jump in Producer Prices in European Union

The producer price index in the European Union continued its upward curve with the June figures showing a full 10% increase over the same month last year, according to figures released Monday. Leading in this unfortunate statistic is Denmark with a remarkable 21% hike in producer prices followed by the United Kingdom with a 19.5% gain. The biggest factor in the jump was to be expected: energy prices increased 27% over the same month a year ago.

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