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FX.co ★ Italian Producer Prices Experience Significant Slowdown in December 2024

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typeContent_19130:::2025-01-31T10:00:00

Italian Producer Prices Experience Significant Slowdown in December 2024

Italy's Producer Price Index (PPI) witnessed a marked deceleration in December 2024, according to the latest data updated on January 31, 2025. The PPI, which reflects the average change over time in the selling prices received by domestic producers for their output, decreased sharply, with the current indicator settling at 0.6%. This reflects a considerable slowdown from the 1.2% registered in November 2024.

The month-over-month comparison underscores this reduction, with December's PPI illustrating only a modest rise compared to the more substantial increase observed in November. This data suggests a tangible cooling in inflationary pressures within Italy's industrial sectors during the final month of 2024.

Economic stakeholders and policymakers will be examining these trends closely, as a persistent decline in producer prices could signal more extensive shifts in the broader economic environment, potentially impacting consumer prices and overall economic growth in the coming months.

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