Eurozone producer prices increased at a slower pace in July due to the fall in energy prices, Eurostat said on Wednesday.
Producer prices rose only 0.2 percent on a yearly basis compared to June's increase of 0.6 percent. Prices were forecast to rise 0.1 percent.
However, excluding energy, producer price inflation rose slightly to 1.0 percent from 0.9 percent.
Month-on-month, the increase in producer prices halved to 0.4 percent from 0.8 percent in June. The rate was above economists' forecast of 0.2 percent.
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