Italian producer price index rises sequentially in November

Italy’s total producer price index rose sequentially in the month of November. The index was up 0.4 percent month-on-month. On domestic market, the index of producer price rose 0.4 percent, while it rose 0.2 percent on non-domestic market. The percentage change of the average of the last three months compared to the earlier three months rose 0.7 percent.

On a year-on-year basis, the index was up 2.5 percent. On domestic market, the index rose 2.8 percent, while it rose 1.7 percent on non-domestic market.

At 14:00 GMT the FxWirePro's Hourly Strength Index of Euro was bullish at 75.7161, while the FxWirePro's Hourly Strength Index of US Dollar was slightly bearish at -71.702. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex

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