Germany's producer prices continued to fall in December, driven by a sharp decrease in energy prices, data from Destatis showed on Tuesday.
Producer prices decreased 2.5 percent year-on-year in December, sharper than the 2.3 percent decline seen in November. Prices were expected to drop 2.4 percent. Prices have been falling since March.
Energy prices registered a notable 9.7 percent fall in December. Excluding energy, producer prices rose 0.9 percent compared to the previous year.
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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.