Germany's producer prices ticked up 0.5% yearly in January, with consumer goods seeing a 3.0% spike.

Germany's producer prices rose 0.5% year-on-year in January, marking a third straight month of growth. Consumer goods saw a significant 3.0% price hike, while durable consumer goods and capital goods increased by 1.1% and 1.9% respectively. However, intermediate goods prices fell by 0.1%. Monthly, producer prices dipped 0.1%, and excluding energy, prices increased by 1.2% annually and 0.3% monthly.

2 months ago
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