Germany output PPI surges in August

Note: This section contains information in English only.
Source: RTTNews
Germany's Producer Price Inflation rose more than estimated in August, Destatis said on Thursday. The PPI accelerated 1.6% on year in August, slightly faster than the 0.9% surge in July. Economists expected an advance of 1.5%. Energy prices climbed 3.2% and capital goods' prices gained 1.1%. Consumer goods' prices surged 2.3%, while intermediate goods' prices slipped 0.2%.

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