Germany's producer prices declined more than expected in February largely due to the sharp fall in energy prices, data from Destatis showed on Friday.
Producer prices logged an annual fall of 3.3 percent in February, slower than the 3.0 percent decrease seen in January.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.