The Italian industrial producer price index rose in June on a sequential basis. According to the Italian official statistics office, Istat, the total producer price index rose 0.3 percent sequentially. The producer price index rose 0.4 percent on domestic market and dropped 0.2 percent on non-domestic market.
The percentage change of the average of the last three months compared to the earlier three months remained unchanged. On a year-on-year basis, the industrial producer price index rose 2.6 percent in June. On the domestic market, the index was up 3.1 percent and on the non-domestic market it was up 1.3 percent, showed Istat.
At 22:00 GMT the FxWirePro's Hourly Strength Index of Euro was bullish at 90.9213, while the FxWirePro's Hourly Strength Index of US Dollar was bearish at -71.0008. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
Commentary / Economy
Italian industrial producer price index rises sequentially in June
The Italian industrial producer price index rose in June on a sequential basis. According to the Italian official statistics office, Istat, the total producer price index rose 0.3 percent sequentially. The producer price…
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
U.S. personal income and spending rose less than expected in August
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
