Germany's January Producer Price Index Data Revealed

Friday, 8 March 2024, 07:00

In January, Germany's Producer Price Index (PPI) remained in line with expectations, increasing by 0.2% month-over-month. Energy prices saw a slight decrease of 0.1%, but excluding this, producer prices rose by 0.3% compared to the previous month. Notable increases were also observed in intermediate goods, consumer goods, durable goods, and capital goods.
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Germany's January Producer Price Index Data Revealed

Germany January PPI Data Overview

Germany's January Producer Price Index (PPI) rose by 0.2% month-over-month.

Key Points:

  • Energy prices fell by 0.1% on the month
  • Producer prices excluding energy increased by 0.3%
  • Intermediate goods were up 0.2%
  • Consumer goods increased by 0.1%
  • Durable goods were up 0.3%
  • Capital goods rose by 0.7%

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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