German producer price inflation rose less than expected in May, data from the Federal Statistical Office showed Thursday.
The producer price index rose 0.2 percent year-on-year in May, faster than a 0.1 percent increase in the previous month. Economists had forecast an increase of 0.3 percent.
Producer prices in the intermediate goods industry fell 0.9 percent annually in May. Capital goods prices rose 0.8 percent and that of consumer goods increased 2.1 percent. Prices in the energy sector were 0.5 percent lower than a year earlier.
On a monthly basis, PPI fell 0.3 percent compared with forecast of 0.1 percent decline. In April, the index was down 0.2 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.