Nov German industrial products producer prices up 0.1% YoY, 0.5% MoM
The producer prices of industrial products in Germany were 0.1 per cent higher YoY and 0.5 per cent higher month on month (MoM) in November.
This was the first YoY increase recorded since June 2023.
Higher capital goods prices were the main reason for the YoY rise.
When energy prices are excluded, producer prices in November were up by 1.3 per cent YoY and down by 0.1 per cent MoM.
The producer prices of industrial products in Germany were 0.1 per cent higher YoY and 0.5 per cent higher month on month (MoM) in November.
This was the first YoY increase recorded since June 2023.
Higher capital goods prices were the main reason for the YoY rise.
When energy prices are excluded, producer prices in November were up by 1.3 per cent YoY and down by 0.1 per cent MoM.
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