trending Market Intelligence /marketintelligence/en/news-insights/trending/GHkBSN0iOcvyA2TwHW4rrg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Annual German producer prices decline for 4th consecutive month

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

Annual German producer prices decline for 4th consecutive month

Producer prices in Germany declined 0.2% on an annual basis in December 2019, in line with the consensus estimate of economists polled by Econoday, following a 0.7% fall in the prior month, the country's Federal Statistical Office reported.

This marked an annual decline in producer prices for the fourth month in a row.

Energy prices fell 2.4% year over year in December 2019 and prices of intermediate goods declined 1.8%. Prices of capital goods rose 1.4% and those of durable and nondurable consumer goods increased 1.3% and 3.6%, respectively.

Excluding energy, overall producer prices were up 0.4% annually in December 2019.

On a monthly basis, the producer price index ticked up 0.1%, compared to expectations for 0.2% growth in prices.

In 2019, the index advanced 1.1% on an annual average compared with the prior year.