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In the eurozone, annual industrial producer inflation accelerated to 11.1% in September, the highest level since February 2023. The increase in prices was largely driven by the energy sector, Anadolu Agency reports , citing Eurostat data. The figure exceeded market expectations of 10.9%. In August, annual growth in producer prices in the eurozone stood at 8.3%. On a monthly basis, industrial prices rose by 2.5% in September, following a 2% increase in August. Energy producer prices increased by 30.8% year-on-year and by 7.8% month-on-month. In August, annual growth in this sector was 21%. Excluding energy, industrial prices in the eurozone rose by 3.5%, compared with 3.4% a month earlier. More current news is available on the UA.
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