Germany's producer prices declined at the fastest pace since early 2024 in January due to lower energy prices, Destatis reported Friday. Producer prices posted an annual fall of 3.0 percent in January, marking the biggest decline since April 2024. This followed December's 2.5 percent decrease.
Producer prices have been falling since March 2025. Lower energy prices continued to be the main reason for the annual fall.
For comments and feedback contact: editorial@rttnews.com
Business News
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.