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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 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

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