BRUSSELS, Nov. 5 (UPI) -- Producer prices in Europe were little changed in September, rising just 0.1 percent in the eurozone and the European Union, Eurostat said Tuesday.
On a month to month basis, prices have changed little for several months. In August, industrial producer prices were flat in the 17-member eurozone and up 0.1 percent in the 28-member European Union.
From 12 months prior, producer prices fell 0.9 percent in the eurozone and 0.5 percent in the EU.
Isolating energy prices explains much of the reason prices are flat overall. On a 12-month basis, energy prices in the eurozone have dropped 2.7 percent. In the EU, they have dropped 2.4 percent since September 2012.
Producer prices excluding energy fell 0.1 percent in the eurozone and rose 0.1 percent in the EU, Eurostat said.
