Germany's producer prices continued to fall in October due to the sharp decrease in energy prices, Destatis said on Thursday.
Producer prices dropped 1.8 percent year-on-year in October, slightly faster than the 1.7 percent fall in September. This was the eighth consecutive decrease but less severe than economists' forecast of 1.9 percent fall.
Excluding energy, producer prices rose 0.8 percent in October compared to the same month of the previous year, while they were down by 0.1 percent compared to September 2025.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.