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Italy Producer Prices Rise In October

Italy's producer prices rose for the ninth month in a row in October, data from the statistical office Istat showed on Monday.

The producer price index increased 20.4 percent year-on-year in October, following a 13.3 percent rise in September.

On a monthly basis, producer prices rose 7.1 percent in October, after a 1.6 percent increase in the preceding month.

In the domestic market, producer prices grew 9.4 percent month-on-month in October.

Producer prices in the foreign market increased by a 0.8 percent monthly in October.

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