empty
 
 

2019.08.2002:25:00UTC+00Germany Producer Price Inflation Eases In July

Germany producer price inflation eased for the third straight month in July, data from Destatis showed Tuesday.

Producer prices increased 1.1 percent year-on-year in July, slower than the 1.2 percent expansion in June. This was the third consecutive slowdown and the lowest rate since late 2016.

Electricity prices contributed the most to annual growth. Electricity prices surged 8.4 percent. Excluding energy, producer prices gained only 0.7 percent from the same period last year.

On a monthly basis, producer prices gained 0.1 percent in contrast to a 0.4 percent decrease in June. This was the first increase in three months.

  • 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