German industrial producer prices fall 0.8% in August

20th Sep 2024 07:13

(Sharecast News) - German industrial producer prices fell 0.8% in August year on year due to lower energy costs, official data revealed on Friday.

Prices were higher for capital, consumer and intermediate goods, said Federal statistical office Destatis, adding that overall prices rose 0.2% compared with July.

Reporting by Frank Prenesti for Sharecast.com

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