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- In September 2018 German producer prices for industrial products rose by 3.2% compared with the corresponding month
In September 2018 German producer prices for industrial products rose by 3.2% compared with the corresponding month
In September 2018 the index of producer prices for industrial products rose by 3.2% compared with the corresponding month of the preceding year. In August the annual rate of change all over had been 3.1%, as reported by the Federal Statistical Office (Destatis).
Compared with the preceding month August the overall index rose by 0.5% in September 2018 (+0.3 % in August 2018 and +0.2% in July 2018).
In September 2018 the price indices of the most main industrial groups increased compared with September 2017: Energy prices were up 8.5%, though the development of prices of the different energy carriers diverged. Prices of petroleum products were up 18.5%, whereas prices of electricity increased by 9.0% and prices of natural gas (distribution) rose by 7.0%. Prices of intermediate goods were up 2.5%. Prices of durable consumer goods rose by 1.7% and of capital goods by 1.4%, whereas prices of non-durable consumer goods did not change.
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