Germany's producer price inflation at 5-month highStaff Writer | October 20, 2017
Germany's producer prices increased at the fastest pace in five months in September, data from Destatis showed Friday.
Europe Destatis said:
Prices of non-durable consumer goods climbed 3.4% and prices of intermediate goods by 3.6%.
Energy prices advanced 4.6% and prices of durable consumer goods and capital goods increased each by 1.1%.
Excluding energy, producer prices climbed 2.6% in September.
Month-on-month, producer price inflation rose slightly to 0.3% from 0.2% in August. Prices were expected to gain 0.1%. ■