Germany, December production prices -0.4% month +21.6% year

Germany December production prices 04 month 216 year

(Finance) – Moderate i producer prices in Germany. According to the German Federal Statistical Office, industrial prices recorded a December 2022 a annual increase of 21.6%, against the +28.2% of the previous month and the +20.8% expected by analysts. Price increases slowed for the third consecutive month.

On a monthly basisprices marked a change negative equal to 0.4%compared to -3.9% in November and compared to the -1.2% estimated by the market.

The prices ofpower recorded a 1% month-on-month decline and a 41.9% year-on-year increase. Mainly responsible for the robust rise in energy prices was the sharp jump in the natural gas (+52%), underlines the Federal Statistical Office.

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