Unexpectedly large drop in German producer prices

» Published: October 21 2024

Unexpectedly large drop in German producer prices
Photo: Michael Probst AP/TT

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Producer prices in Germany fell by 0.5 percent in September compared to the previous month. It was more than expected.

Analysts had on average expected a price decrease of 0.2 percent in producer prices.

In annual terms, prices fell by 1.4 percent, which can be compared to the average forecast of 1.1 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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