Published on 12/20/2024 at 8:32 a.m.
(Reuters) – German producer prices, a key indicator of inflation, rose 0.1 percent year-on-year in November, the federal statistics office said on Friday.
Analysts polled by Reuters had expected a decline of 0.3% after a 1.1% decline in October.
The rebound is explained by the rise in the price of capital goods, although the prices of durable and non-durable consumer goods, as well as those of intermediate goods, also increased.
Excluding energy prices, producer prices increased by 1.3% year-on-year.
(Written by Corentin Chappron)
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