German producer prices are stable

G

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.


By: Lesley Woutersen

Lesley Woutersen, one of the co-founders of the EconomicInform gives away all of his free time to the project. He is interested in stock exchange and digital assets. Lesley can be reached by lesley.woutersen@economicinform.com.

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