Producer prices in November 2018: +3.3% on November 2017

Source: Destatis Statistisches Bundesamt – In EnglishProducer prices of industrial products, November 2018+0.1% on the previous month+3.3% on the same month a year earlier Enlarge picture WIESBADEN – In November 2018 the index of producer prices for industrial products rose by 3.3% compared with the corresponding month of the preceding year. In October the annual rate of change all over had been 3.3%, too, as reported by the Federal Statistical Office.Compared with the preceding month October the overall index rose by 0.1% in November 2018 (+0.3 % in October 2018 and +0.5% in September 2018).In November 2018 the price indices of all main industrial groups increased compared with November 2017: Energy prices were up 8.9%, though the development of prices of the different energy carriers diverged. Prices of petroleum products were up 19.0%, whereas prices of natural gas (distribution) rose by 8.5% and prices of electricity increased by 8.3%. Prices of intermediate goods were up 2.4%. Prices of durable consumer goods rose by 1.8%, of capital goods by 1.5% and prices of non-durable consumer goods by 0.4%.The overall index disregarding energy was 1.6% up on November 2017 and unchanged compared with October 2018.
More detailed data and long time series are available in table Producer price indices for industrial products (61241-0006) in the GENESIS-Online database.
For further information:Producer prices,tel: +49 (0) 611 / 75 27 50,contact form

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