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Producer prices in Germany up 0.1% in November 2016

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Staff Writer | December 21, 2016
In November 2016 the index of producer prices for industrial products in Germany rose by 0.1% compared with the corresponding month of the preceding year.
Germany shopping street
Germany   The first positive annual rate of change
This was the first positive annual rate of change since June 2013 (+0.1%). In October 2016 the annual rate of change all over had been –0.4%.

Compared with the preceding month October 2016 the overall index rose by 0.3% in November 2016 (0.7% in October and – 0.2% in September).

In November 2016 energy prices decreased by 1.7% compared with November 2015, prices of intermediate goods rose by 0.4%. In contrast prices of non-durable consumer goods rose by 1.5%, prices of capital goods by 0.6% and prices of durable consumer goods by 1.0%.

The overall index disregarding energy rose by 0.8% compared with November 2015 and by 0.3% compared with October 2016.