Germany’s industrial producer prices down 2.3 percent in October

Wednesday, 25 November 2015 14:32:25 (GMT+3)   |   Istanbul
       

In October this year, the index of producer prices for industrial products in Germany fell by 2.3 percent compared to the same month of the previous year and was down by 0.4 percent compared to September, according to the country's Federal Statistical Office (Destatis). In September, Germany's industrial producer prices had decreased by 2.1 percent year on year.
 
In October, prices in the energy sector decreased by 6.5 percent, while the prices of non-durable consumer goods and intermediate goods fell by 0.5 percent and 1.9 percent respectively, 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 1.3 percent respectively, both compared to October 2014.


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