Monday, the Eurostat announced that Eurozone's producer price index dropped 1.8% year-over-year in February, after falling 0.7% in January. Economists were looking a decline of 1.5%. In December, producer prices were up 1.1%.

On a monthly basis, producer prices declined 0.5% in February, compared with a revised 1.1% in the previous month.

For comments and feedback: contact editorial@rttnews.com