Eurozone producer prices continued to fall in January due to the sharp fall in energy prices, Eurostat reported Wednesday.
Producer prices logged an annual fall of 2.1 percent in January, following December's 2.0 percent decrease. Economists had forecast a 2.7 percent drop. Meanwhile, excluding energy, producer prices grew at a faster pace of 1.2 percent after an increase of 1.0 percent in December. Among components of producer price index, only energy prices declined in January, which was down by 8.9 percent from the last year. Partially offsetting this fall, durable consumer goods prices moved up 2.2 percent and capital goods prices rose 1.6 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.