Producer prices in June 2017: +2.4% on June 2016

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MIL OSI – Source: Destatis Statistisches Bundesamt – In English –

Headline: Producer prices in June 2017: +2.4% on June 2016

WIESBADEN – In June 2017 the index of producer prices for industrial products rose by 2.4% compared with the corresponding month of the preceding year. In May 2017 the annual rate of change all over had been 2.8%, as reported by the Federal Statistical Office.Compared with the preceding month May 2017 the overall index remained unchanged in June 2017 (–0.2% in May and +0.4 in April).

In June 2017 the price indices of all main industrial groups increased compared with June 2016: Prices of non-durable consumer goods rose by 3.9%, prices of intermediate goods by 3.2%. Energy prices rose by 1.6%, though the development of prices of the different energy carriers diverged. Prices of electricity increased by 4.3% and prices of petroleum products by 1.6%, whereas prices of natural gas (distribution) decreased by 6.1%. Prices of durable consumer goods and prices of capital goods increased each by 1.0%.

The overall index disregarding energy was 2.5% up on June 2016 and remained unchanged compared with May 2017.

More detailed data and long time series are available in table Producer price indices for industrial products (61241-0004) in the GENESIS-Online database.

For further information:Gerda Gladis-Dörr,tel: +49 (0) 611 / 75 27 50,contact form
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