3/20, 8:01 AM (Source: TeleTrader)
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Germany's PPI down 0.4% in February

Producer prices in Germany decreased 0.1% in February on an annual basis, while falling 0.4% month-over-month, the country's national statistical office Destatis announced on Friday.

Prices of non-durable consumer goods dropped by 3.9% and 0.2% on a yearly and monthly basis respectively. Energy prices were 2.5% lower compared to February 2019 and down 1.6% versus last month.

Prices of intermediate goods decreased by 1.6% on an annual basis and fell 0.2% compared to January 2020.

Breaking the News / MD