German producer inflation at record levels in June
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.
Related news
Pet Owners Spent More Than €182bn Worldwide Last Year
Pet owners spent €182.7 billion on their pets last year…
Read more >Márton Nagy: artificial intelligence is inevitable
Artificial intelligence (AI) will have an inevitable and increasingly important…
Read more >In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded…
Read more >
More related news >
Related news
The global food price decline has stopped
In recent months, global food markets have shown only minor…
Read more >Surprising price drop in the Hungarian pensioners’ price basket
According to the May data of the Mfor Pensioners’ Price…
Read more >A cashier-free shop sells gastronomic products from catch-up settlements
Currently, the country’s only fully automated store operating without a…
Read more >