Producer prices of industrial products in Germany were 1.3 per cent lower YoY and 0.1 per cent higher month on month (MoM) in June, according to the Federal Statistical Office.
Lower energy prices were the main reason for the YoY decline.
While intermediate goods were less expensive YoY in the month, durable consumer goods, non-durable consumer goods and capital goods cost more YoY.
Lower energy prices were the main reason for the YoY decline.
While intermediate goods were less expensive YoY in the month, durable consumer goods, non-durable consumer goods and capital goods cost more YoY.
