German producer prices are stable

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Producer prices in Germany increased by 0.1 percent in October compared with the previous month. The German Federal Statistical Office reported the figures.

Economists had expected an average increase of 0.1 percent. In September, German manufacturers ‘ prices for their products increased by 0.4 percent.

On an annual basis, German producer prices fell by 0.7 percent in October, after a 1 percent decrease a month earlier.

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Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to [email protected]

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