• German producer prices fell in December

Market news

20 January 2017

German producer prices fell in December

In 2016 the index of producer prices for industrial products (domestic sales) for Germany fell by 1.7% on an annual average from the preceding year, as reported by the Federal Statistical Office (Destatis). A year before the index had fallen by 1.8%.

In December 2016 the index of producer prices for industrial products rose by 1.0% compared with the corresponding month of the preceding year. This was the highest positive annual rate of change since January 2013 (+1.5%). In November 2016 the annual rate of change all over had been +0.1%.

Compared with the preceding month November 2016 the overall index rose by 0.4% in December 2016 (0.3% in November and 0.7% in October).

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