German factory gate prices edge higher in July, boosted by energy
Factory gate prices in Germany rose slightly in July, boosted by dearer energy supplies.
Producer prices advanced at a 0.2% pace month-on-month, according to the Ministry of Finance, and by 3.0% year-on-year.
Versus July 2017, energy prices were 6.5% higher, with those for petroleum products rising by 16.8%, those for electricity by 7.4% and those for natural gas by 3.1%.
By categories of goods, the cost of intermediate goods rose by 3.2%, those of durable consumer goods by 1.6%, those for non-durable ones by 0.4% and those of capital goods by 1.3%.
Excluding energy, producer prices were up by 0.1% on the month and by 1.9% over the year.