Germany's Producer Prices Up 7.5 Percent in March
TEHRAN (ANA)- The producer prices in Germany increased by 7.5% in March on a yearly basis, down from 15.8% in February, according to official data.
On a monthly basis, the producer prices in Germany dropped by 2.6% in March, posting sixth consecutive declines, the Federal Statistical Office (Destatis) said.
Energy is the main reason for higher annual prices, it said.
In March, energy prices were up by 6.8% on a yearly basis, while prices of non-durable consumer goods increased by 15.4%, and intermediate goods increased by 4.7%.
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