In July this year, the index of producer prices for industrial products in Germany fell by 1.3 percent compared to the same month of the previous year, according to the country's Federal Statistical Office (Destatis). In June, the annual rate of change in Germany's industrial producer prices had been 1.4 percent.
In July, prices in the energy sector decreased by 4.1 percent, while the prices of consumer non-durable goods and intermediate goods fell by 1.5 percent and 0.6 percent respectively, all year on year. Meanwhile, in the month in question, the prices of capital goods and durable consumer goods rose by 0.8 percent and 1.3 percent respectively, both compared to July 2014.