Dutch Producer Price Inflation Rises For Third Month

(RTTNews) - Dutch factory gate inflation accelerated for a third consecutive month in November, latest data from Statistics Netherlands showed Thursday.

Output prices rose 9.6% year-on-year in November, faster than 9.1% in the previous month. It is the strongest rate since May.

Producer prices for domestic sales grew 7.4% annually, slightly faster than October's 7.3%. Prices for foreign sales rose 11.2%, after a 10.5% increase in the previous month.
Month-on-month, overall output prices rose 1.1% in November compared with the 0.8% increase in October. Prices in the domestic market rose 0.7%, matching the pace of increase from each of the previous two months. There was a 1.4% increase in prices for the export market.