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Italian producer prices down 0.4% in April

Industrial producer prices in Italy fell by 0.4% month over month in April after rising by a revised 0.2% in March, the country's National Institute of Statistics said.

The prices of goods sold on the domestic market declined by 0.7% and price of those sold on the non-domestic market edged up by 0.1%.

Producer prices increased by 0.6% on average in the three months to April, compared with the previous three months.

Prices rose by 1.3% year over year in April following a 1.8% year-over-year increase in March.