Germany’s industrial producer prices down 3.1 percent in April

Tuesday, 24 May 2016 17:24:00 (GMT+3)   |   Istanbul
       

In April 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 was up 0.1 percent compared to March, according to the country's Federal Statistical Office (Destatis). In March this year, Germany's industrial producer prices had decreased by 3.1 percent year on year.
 
In April, prices in the energy sector decreased by 8.8 percent, while prices of non-durable consumer goods declined by 0.4 percent and prices of intermediate goods fell by 2.6 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 1.3 percent respectively, both compared to April 2015.

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