Germany, June producer prices in line with expectations

Germany industrial production falling in April

(Finance) – Producer prices in Germany continue to slow down. According to the German Federal Statistical Office, industrial prices recorded a 1.6% annual decrease in June, in line with expectations, after -2.2% in the previous month.

On a monthly basis, prices increased by 0.2%, after the zero value in May, resulting above the consensus (+0.1%).

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