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- Rise in Producer Prices for Industrial Products in Germany
Rise in Producer Prices for Industrial Products in Germany
The rise of 2.6 percent in
producer prices for industrial products in January 2019 as compared to January
2018 in the German market, as revealed by the Federal Statistical Office of
Germany, may be a positive sign for the Euro.
The report went on to say
that compared with December 2018, the overall index increased by 0.4 percent in
January 2019. Comparing the price indices of all main industrial groups from January
2018 to January 2019, the report shows an increase in prices. Specifically,
energy prices rose by 7.2 percent.
The overall index, not including
energy prices, shows a rise of 1.2 percent from January 2018, and 0.2 per cent
from December 2018.
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