Producer prices in December 2018: +2.7% on December 2017

Source: Destatis Statistisches Bundesamt – In EnglishProducer prices of industrial products, December 2018-0.4% on the previous month+2.7% on the same month a year earlier Enlarge picture WIESBADEN – In 2018 the index of producer prices for industrial products (domestic sales) for Germany rose by 2.6% on an annual average from the preceding year. In 2017 the index had increased by 2.7% compared with 2016, as reported by the Federal Statistical Office (Destatis).
Results of December 2018In December 2018 the index of producer prices for industrial products rose by 2.7% compared with the corresponding month of the preceding year. In November the annual rate of change all over had been 3.3%.
Compared with the preceding month November the overall index decreased by 0.4% in December 2018 (+0.1% in November 2018 and +0.3% in October 2018).
In December 2018 the price indices of all main industrial groups increased compared with December 2017: Energy prices rose by 6.9%. Prices of intermediate goods as well as of durable consumer goods increased by 1.9%. Prices of capital goods were up 1.4% and of non-durable consumer goods by 0.5%.
The overall index disregarding energy was 1.6% up on December 2017 and unchanged compared with November 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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