Press release No. 270 of 20 July 2018
Producer prices of industrial products, June 2018
- +0.3% on the previous month
- +3.0% on the same month a year earlier
WIESBADEN – 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).
Compared with the preceding month May the overall index rose by 0.3% in June 2018 (+0.5% in May 2018 and in April 2018).
In June 2018 the price indices of all main industrial groups increased compared with June 2017: Energy prices were up 6.2%, though the development of prices of the different energy carriers diverged. Prices of petroleum products were up 16.9%, whereas prices of electricity increased by 7.5% and prices of natural gas (distribution) rose by 2.5%. Prices of intermediate goods were up 3.2%. Prices of non-durable consumer goods rose by 0.5% and of durable consumer goods by 1.6%, whereas prices of capital goods increased by 1.3%.
The overall index disregarding energy was 2.0% up on June 2017 and 0.3% compared with May 2018.
More detailed data and long time series are available in table Producer price indices for industrial products (61241-0004) in the GENESIS-Online database.
