(Finance) – Producer prices in Germany are still slowing down, albeit at a slower pace than in the previous survey. According to theFederal Statistical Office German, industrial prices recorded an annual decrease of 11% in October, compared to -14.7% in the previous month and in line with the expectations of analysts.
On a monthly basis, prices fell by 0.1%, compared to -0.2% in September, also hitting consensus estimates in this case.
THE energy prices they recorded a decrease of 0.1% on a monthly basis and of 27.9% on a yearly basis.