Euro-zone Jan. producer prices jump 1.5%
Euro-zone Jan. producer prices jump 1.5% (by William L. Watts)
LONDON (MarketWatch) -- Producer prices in the euro zone saw a 1.5% monthly rise in January and were up 6.1% compared to January 2010, the European Union statistics agency Eurostat reported Wednesday. Economists had forecast a 1% monthly rise and a 5.6% year-on-year increase. Excluding construction and energy, producer prices rose 0.8% on the month and 3.9% year-on-year.