{"id":17188,"date":"2023-04-20T06:34:33","date_gmt":"2023-04-20T06:34:33","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/german-producer-prices-rise\/"},"modified":"2023-04-20T06:38:12","modified_gmt":"2023-04-20T06:38:12","slug":"german-producer-prices-rise","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/german-producer-prices-rise\/","title":{"rendered":"German producer prices rise less than expected in March"},"content":{"rendered":"

BERLIN (Reuters) – German producer prices rose less than expected in March, posting the smallest year-on-year increase since June 2021, according to data released on Thursday. <\/p>\n

Producer prices of industrial products were up 7.5% on the same month last year, the Federal Statistical Office reported. <\/p>\n

A Reuters poll had indicated a rise of 9.8% year-on-year.<\/p>\n

Energy prices were still mainly responsible for the year-on-year increase, up 6.8%. Excluding energy, producer prices rose 7.9% in March on the year. <\/p>\n

Compared to February, prices fell by 2.6%, posting the sixth consecutive decline. <\/p>\n

The statistics office said the results are preliminary and will have to be revised because a price brake on electricity and gas that comes into effect in March distorts calculations. <\/p>\n

The office publishes more detailed data on its website.<\/p>\n

\n

(Reporting by Maria Martinez and Andrey Sychev; Editing by Miranda Murray)<\/p>\n

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BERLIN (Reuters) – German producer prices rose less than expected in March, posting the smallest year-on-year increase since June 2021, according to data released on Thursday. Producer prices of industrial products were up 7.5% on the same month last year, the Federal Statistical Office reported. A Reuters poll had indicated a rise of 9.8% year-on-year. […]<\/p>\n","protected":false},"author":8,"featured_media":17189,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-17188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3J07H-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/17188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=17188"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/17188\/revisions"}],"predecessor-version":[{"id":17190,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/17188\/revisions\/17190"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/17189"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=17188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=17188"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=17188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}