Italian industrial producer price index remains same sequentially in March, rises year-on-year

The Italian industrial producer price index remained the same in the month of March. According to Istat, the domestic producer price index stayed the same while producer price index on non-domestic market rose 0.2 percent. The percentage change of the average of the last three months with respect to the previous three months fell 0.7 percent.

On a year-on-year basis, the industrial producer price index rose 2.9 percent. On domestic market, it rose 3.7 percent, whereas it rose 0.9 percent on foreign market.

The construction producer prices index dropped 0.7 percent sequentially in March, whereas it fell 1 percent on a year-on-year basis. The average of the last three months with respect to the previous three months of the construction producer prices index dropped 0.9 percent.

At 13:00 GMT the FxWirePro's Hourly Strength Index of Euro was neutral at -40.0434 while the FxWirePro's Hourly Strength Index of US Dollar was neutral at 30.765 more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex