Home Economic Indicators Germany’s Producer Prices Drop 1.2% in May From a Year Earlier

Germany’s Producer Prices Drop 1.2% in May From a Year Earlier

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Germany’s Producer Prices Decline 1.2% in May, Matching Forecasts

Producer prices in Germany fell by 1.2% year-on-year in May, aligning with market expectations, according to data released Friday by the Federal Statistical Office.

The figure was in line with forecasts from a Reuters poll of analysts, who had also predicted a 1.2% drop.

Additional details and breakdowns are available on the statistics office’s official website.