Mon, 20 Jan 2014 10:27:18 GMT
German PPI drops 0.5% in December
Inflation measured as producer price index in the Europe's largest economy declined in December falling for the fifth successive month, a report published by the statistical office Destatis showed on Monday. According to the report, German PPI fell 0.5% on an annual basis in December after dropping 0.8% in the month before, while it was projected to slide 0.6%.