Germany’s industrial producer prices down 3.1 percent in March

Wednesday, 20 April 2016 15:22:07 (GMT+3)   |   Istanbul
       

In March this year, the index of producer prices for industrial products in Germany fell by 3.1 percent compared to the same month of 2015 and remained unchanged compared to February, according to the country's Federal Statistical Office (Destatis). In February this year, Germany's industrial producer prices had decreased by three percent year on year.
 
In March, prices in the energy sector decreased by 9.2 percent, while prices of non-durable consumer goods declined by 0.3 percent and prices of intermediate goods fell by 2.3 percent, all year on year. Meanwhile, in the month in question, the prices of capital goods and durable consumer goods rose by 0.6 percent and 1.4 percent respectively, both compared to March 2015.

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