German producer inflation at record levels in June

By: Trademagazin Date: 2021. 07. 20. 10:27

The pace of annual increases in producer prices in Germany was higher than expected in June, which could further reinforce inflation concerns.

Germany’s federal statistics office (Destatis) said on Tuesday that producer prices rose by 8.5 percent in June compared with a year earlier, the highest since January 1982.