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Eurozone producer prices dropped 1.6% in March, driven by a sharp decline in energy costs.
Eurostat reports that the Eurozone's producer prices fell 1.6% in March, marking the first decline in six months, mainly due to a 5.8% drop in energy prices.
Excluding energy, prices saw a slight 0.1% increase.
Yearly producer price inflation eased to 1.9% from 3.0% in February.
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Los precios al productor de la eurozona cayeron un 1,6% en marzo, impulsados por una fuerte disminución de los costos de la energía.