• German producer prices flat in June

Market news

20 July 2017

German producer prices flat in June

In June 2017 the index of producer prices for industrial products rose by 2.4% compared with the corresponding month of the preceding year. In May 2017 the annual rate of change all over had been 2.8%, as reported by the Federal Statistical Office.

Compared with the preceding month May 2017 the overall index remained unchanged in June 2017 (-0.2% in May and +0.4 in April).

In June 2017 the price indices of all main industrial groups increased compared with June 2016: Prices of non-durable consumer goods rose by 3.9%, prices of intermediate goods by 3.2%. Energy prices rose by 1.6%, though the development of prices of the different energy carriers diverged. Prices of electricity increased by 4.3% and prices of petroleum products by 1.6%, whereas prices of natural gas (distribution) decreased by 6.1%. Prices of durable consumer goods and prices of capital goods increased each by 1.0%.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.