Press release No. 144 of 20 April 2018
Producer prices of industrial products, March 2018
- +0.1% on the previous month
- +1.9% on the same month a year earlier
WIESBADEN – In March 2018 the index of producer prices for industrial products rose by 1.9% compared with the corresponding month of the preceding year. In February the annual rate of change all over had been 1.8%, as reported by the Federal Statistical Office (Destatis).
Compared with the preceding month February the overall index rose slightly by 0.1% in March 2018 (–0.1% in February 2018 and +0.5% in January 2018).
In March 2018 the price indices of all main industrial groups increased compared with March 2017: Energy prices were up 2.4%, though the development of prices of the different energy carriers diverged. Prices of electricity increased by 5.5%, whereas prices of petroleum products were up 1.3% and prices of natural gas (distribution) rose by 0.2%. Prices of intermediate goods were up 2.3%. Prices of non-durable consumer goods rose by 1.4% and of durable consumer goods by 1.3%, whereas prices of capital goods increased by 1.2%.
The overall index disregarding energy was 1.7% up on March 2017 and 0.1% compared with February.
More detailed data and long time series are available in table Producer price indices for industrial products (61241-0004) in the GENESIS-Online database.
