RTTNews - Austria's producer price index fell 1.2% year-on-year in May, slower than a 1.5% fall in the previous month. The latest decline in producer prices was not as steep as in May, when they dropped at the fastest pace since June 2002.

Month-on-month, producer prices rose 0.6% in May, reversing five consecutive months of declines.In April, producer prices were down 1.1%.

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