• German producer prices for industrial products rose by 2.5 y/y

Market news

20 December 2017

German producer prices for industrial products rose by 2.5 y/y

In November 2017 the index of producer prices for industrial products rose by 2.5 compared with the corresponding month of the preceding year. In October 2017 the annual rate of change all over had been 2.7%, as reported by the Federal Statistical Office.

Compared with the preceding month October 2017 the overall index rose slightly by 0.1% in November 2017 (+0.3% in October and in September).

In November 2017 the price indices of all main industrial groups increased compared with November 2016: Prices of intermediate rose goods by 3.3%. Energy prices were up 3.0%, though the development of prices of the different energy carriers diverged. Prices of petroleum products increased by 8.5% and prices of electricity by 2.7%, whereas prices of natural gas (distribution) decreased by 3.7%. Prices of non-durable consumer goods rose by 2.4%. Prices of durable consumer goods increased by 1.2% whereas prices of capital goods increased by 1.1%.

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.