empty
 
 

2018.06.2002:16:00UTC+00Germany's Producer Price Inflation At 7-Month High

Germany's producer prices increased at the fastest pace in seven months in May, figures from Destatis showed Wednesday.

Producer prices climbed 2.7 percent year-on-year in May, faster than the 2 percent increase in April. A similar faster growth was last seen in October. Prices were forecast to climb 2.5 percent.

Excluding energy, producer prices climbed 1.7 percent from the previous year and by 0.2 percent from April.

On a monthly basis, overall producer prices gained 0.5 percent for the second straight month and this was the third consecutive rise in prices. Economists had forecast a monthly increase of 0.4 percent in May.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback