German Producer Prices Fall in October, Driven by Lower Energy Costs
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German producer prices fell 11.0% in October compared to a year earlier, in line with expectations.
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The main driver was a 27.9% yearly fall in energy prices.
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Excluding energy, producer prices were 0.2% higher than a year ago.
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On a monthly basis, producer prices fell 0.1% from September to October.
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The German Federal Statistics Office publishes more detailed data on its website.