Producer prices in Germany down for 14th month in a row Related news

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ISTANBUL Germany's producer prices decreased 0.8% year-on-year in August, posting their 14th decline in a row, the federal statistical authority Destatis announced on Friday. Meanwhile, producer prices were up 0.2% on a monthly basis, Destatis said. Lower energy prices were the main reason for the year-on-year decline in producer inflation. Energy cost 4.6% less in August 2024 than in the same month last year, although compared with this July, they were up 0.8%. Intermediate goods prices went

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