Producer prices rose 37.2% on year in July, the German statistics office Destatis said Friday. This follows a 32.7% increase in June and a 33.6% rise in May.
Germany’s producer prices rose strongly in July, driven by higher energy prices, posting the biggest increase ever recorded, the German statistics office Destatis said.
Compared with the preceding month, the producer prices index rose 5.3% in July, also the biggest month-on-month increase ever recorded. Energy prices rose 105.0% from a year earlier, Destatis said. Strong gains in the price of natural gas, up 163.8% on year, as well as a 125.4% increase in the prices of electricity, were major factors behind the increase, it said.Prices of intermediate goods increased 19.1% from a year earlier. Significant price increases were recorded by metals, which were 24.1% up on July, Destatis said.
Prices of nondurable consumer goods increased by 16.2% on year, prices of durable consumer goods rose 10.9% and capital-goods prices increased by 8.0%, Destatis’ data showed.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
US retail sales were flat in July as inflation takes a tollThe pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.
Les mer »
US home sales fell in July; some buyers see silver liningThe housing market’s comedown from its high-flying days early this year is deepening, with home sales in July falling for the sixth straight month.
Les mer »
US retail sales were flat in July as inflation takes a tollThe pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously. inflation consumer retail kprc2 click2houston
Les mer »
US retail sales were flat in July as inflation takes a tollThe pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.
Les mer »
Retail sales were flat in July as inflation takes a tollThe pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to spend more cautiously.
Les mer »
July 2022 Home/Condo SalesThanks as always to realtor Kevin Wood for compiling this monthly list of home/condo sales for PoPville. Click below on 'July 2022 Sales' for the full list of sales in PDF and excel formats. July 22 Sales (PDF) July 22 Sales (Excel)
Les mer »