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Germany Producer Prices Continue To Fall

Germany's producer prices continued to fall in April on lower energy and intermediate goods prices and the pace of overall fall in prices deepened, data from Destatis revealed on Tuesday.

Producer prices decreased 3.3 percent on a yearly basis in April, faster than the 2.9 percent fall in March. Economists had forecast an annual fall of 3.2 percent.

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by Renju Jaya

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