Mariam Sharman

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Mariam Sharman
Proposted By Xpylon News Update

📉 Germany's Producer Prices See Continued Decline Amid Falling Energy Costs

Germany's producer prices have been declining for twelve consecutive months, reflecting significant drops in energy and intermediate goods costs. The latest data reveals a complex landscape of falling and rising prices across various sectors.


Year-on-Year PPI:

Fell by -1.6%, marking the twelfth consecutive month of decline.

Energy Prices:

Dropped significantly by -5.9%, with electricity prices down -11% and natural gas prices plunging -14.8%.

Intermediate Goods:

Decreased by -0.9%; basic chemicals (-3.4%), fiber-board (-8.9%), paper products (-4.4%), wood products (-3.8%), and metals (-4.1%).

Capital Goods:

Prices increased by 2.3%; motor vehicles, semi-trailers, and trailers edged up by 1.5%, machinery prices up by 2.5%.


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Energytransition
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