ANKARA: Eurozone industrial producer prices in May fell at the slowest pace in 11 months, according to data released on Wednesday. Producer prices dropped 4.2% year-on-year in May, marking the 13th consecutive month of decline, Eurostat data showed. Energy costs dove 11.4% from a year earlier in May, the least since last April. In the EU, industrial producer prices went down by 4% from last year in May. On a monthly basis, industrial producer prices in May fell 0.3% in the euro area and 0.3% in the 27-member EU bloc. The eurozone/euro area, or EA19, represents member states that use the single currency - the euro - while the EU27 includes all member countries of the bloc. Source: Anadolu Agency
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