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Press release 270 / 2018-07-20: Producer prices in June 2018: +3.0% on June 2017

Producer Price Index

Producer prices of industrial products, June 2018

  • +0.3% on the previous month
  • +3.0% on the same month a year earlier

In June 2018 the index of producer prices for industrial products rose by 3.0% compared with the corresponding month of the preceding year. In May the annual rate of change all over had been 2.7%, as reported by the Federal Statistical Office (Destatis).

More : Producer prices in June 2018: +3.0% on June 2017 …

IN FOCUS / 2018-07-11

More new dwellings in multi-family houses

In 2017, 245,000 dwellings in newly constructed residential buildings were completed in Germany. That was an increase of approximately 10,000 dwellings, or 4%, compared with the previous year. Half of the newly constructed dwellings were in multi-family houses. Their number has steadily increased in the last years, while the construction of new single-family and two-family houses has stagnated for several years.

In most cases, the builders of the new dwellings completed in 2017 were private households (50%) and housing companies (37%). Only 4% of the dwellings were commissioned by public-sector builders.

The average purchase value of one square metre of developed building land in residential areas increased by 21% in Germany between 2010 and 2016. A comparison of the 2016 figures for the Länder reveals that the prices per square metre were highest in the city states of Hamburg and Berlin at 586 euros and 393 euros, respectively.

More information can be found under Construction, Construction prices and real property prices and in our interactive map "So wohnt Deutschland" (only in German).

Key figures

Population30.09.201782.7 mn
Persons in employment1st Quarter 201844.3 mn
Economic growth (GDP)1st Quarter 20180.3%
Inflation rate (CPI)June 20182.1%
Share in gross domestic product
Net lending20171.2%
Public debt201764.1%

European statistics

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Europe in figures features the wide range of data offered by the European statistical office (Eurostat) and enables comparisons between the EU Member States.

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