• German producer prices for industrial products rose by 3.3% in November

Market news

19 December 2018

German producer prices for industrial products rose by 3.3% in November

In November 2018 the index of producer prices for industrial products rose by 3.3% compared with the corresponding month of the preceding year. In October the annual rate of change all over had been 3.3%, too, as reported by the Federal Statistical Office.

Compared with the preceding month October the overall index rose by 0.1% in November 2018 (+0.3 % in October 2018 and +0.5% in September 2018).

In November 2018 the price indices of all main industrial groups increased compared with November 2017: Energy prices were up 8.9%, though the development of prices of the different energy carriers diverged. Prices of petroleum products were up 19.0%, whereas prices of natural gas (distribution) rose by 8.5% and prices of electricity increased by 8.3%. Prices of intermediate goods were up 2.4%. Prices of durable consumer goods rose by 1.8%, of capital goods by 1.5% and prices of non-durable consumer goods by 0.4%.


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