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German producer prices fall 6.0% y/y in July

2023-08-21 14:16
BERLINGerman producer prices decreased more than expected on the year in July, with a fall of 6.0%, the
German producer prices fall 6.0% y/y in July

BERLIN German producer prices decreased more than expected on the year in July, with a fall of 6.0%, the federal statistics office reported on Monday.

Analysts had expected a decrease of 5.1% in a poll by Reuters.

The office publishes more detailed data on its website.

(Reporting by Miranda Murray; Editing by Kirsti Knolle)