International Economic

German producer prices fall more than expected

By Benjamin Chiou

Date: Tuesday 21 May 2024

(Sharecast News) - Germany wholesale price deflation accelerated more than expected in April, according to figures released by Destatis, the Federal Statistical Office, on Tuesday.
The producer price index fell at an annual rate of 3.3% last month, after a 2.9% decline in March.

This was the 10th straight month...

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