Producer price inflation in Germany fell to 8-month low in January

In Germany, producer prices in January rose by 2.6% compared with the same period a year earlier, the Federal Statistical Office reported. Compared with the December price increase of 2.7%, inflation slowed in February. The forecast of experts assumed that inflation in the first month of the year would be at the level of 2.2%. Producer prices in January grew at the slowest pace since July 2018. Rising energy prices amounted to 7.2%, prices for durable goods and capital goods showed an increase of 1.6%. The indicator, which does not take into account the price of energy carriers, grew by 1.2%. In monthly terms, producer price growth was 0.6%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: