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
Companies can save significant amounts of money with a credit check
A credit check is a special financial analysis process, within…
Read more >Economic recovery expected to be slow – latest DUIHK survey
The German-Hungarian Chamber of Commerce and Industry (DUIHK) presented its…
Read more >Amazon stops offering Fresh home delivery in Germany
After seven years, US-based Amazon is to discontinue its Fresh…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >