German factory gate inflation slows in JuneStaff Writer | July 20, 2017
The rate of gain in German factory gate prices slowed in June.
Germany Factory gate prices had advanced
In May, factory gate prices had advanced at a 2.8% clip year-on-year.
Economists had forecast an increase of 2.4%.
Excluding energy, producer prices were ahead by 2.5% on the year, unchanged from the month before. ■