Germany’s industrial producer prices stable in November

Wednesday, 25 December 2019 10:49:37 (GMT+3)   |   Istanbul
       

In November this year, the index of producer prices for industrial products in Germany remained stable compared to October and fell by 0.7 percent compared to the same month of 2018, according to the country's Federal Statistical Office (Destatis). In October, Germany's industrial producer prices had decreased by 0.6 percent year on year.

In November, prices in the energy sector decreased by 3.4 percent, while prices of non-durable consumer goods were up by 2.6 percent and prices of intermediate goods fell by 2.1 percent, all year on year. Meanwhile, in the month in question, the prices of capital goods and durable consumer goods rose by 1.4 percent and 1.3 percent respectively, both compared to November 2018.


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