Producer prices in Germany increased significantly in August
In August 2021, the index of producer prices for industrial products increased by 12.0% compared with August 2020. As reported by the Federal Statistical Office this was the highest increase compared to the corresponding month of the preceding year since December 1974 (+12.4%), when prices rose strongly during the first oil crisis. Compared with the preceding month July 2021 the overall index rose by 1.5% in August 2021.
Related news
GKI Analysis: The GKI business climate index remained unchanged in June, but companies’ inflation expectations decreased further
According to a survey by GKI Economic Research Ltd. –…
Read more >K&H: financial security? the picture is very mixed
26 percent of middle-aged Hungarians have an income of 589…
Read more >Foreign direct investment in Central, Eastern and Southeastern Europe fell by a quarter last year
Foreign direct investment in Central, Eastern and South-Eastern Europe fell…
Read more >Related news
GKI Analysis: The GKI business climate index remained unchanged in June, but companies’ inflation expectations decreased further
According to a survey by GKI Economic Research Ltd. –…
Read more >Are we on the verge of an egg crisis?
Both the American and European markets are experiencing price increases…
Read more >Withdrawing cash abroad can be expensive
The fee for a 90,000-forint foreign cash withdrawal can reach…
Read more >