empty
 
 

2017.10.2002:23:00UTC+00Germany's Producer Price Inflation At 5-Month High

Germany's producer prices increased at the fastest pace in five months in September, data from Destatis showed Friday.

Producer price inflation rose more-than-expected to 3.1 percent in September from 2.6 percent in August. This was the fastest increase since April, when prices advanced 3.4 percent. Economists had forecast a 2.9 percent rise for September.

Prices of non-durable consumer goods climbed 3.4 percent and prices of intermediate goods by 3.6 percent.

Energy prices advanced 4.6 percent and prices of durable consumer goods and capital goods increased each by 1.1 percent.

Excluding energy, producer prices climbed 2.6 percent in September.

Month-on-month, producer price inflation rose slightly to 0.3 percent from 0.2 percent in August. Prices were expected to gain 0.1 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback