Press release No. 309 of 20 August 2018
Producer prices of industrial products, July 2018
• +0.2% on the previous month
• +3.0% on the same month a year earlier
WIESBADEN – In July 2018 the index of producer prices for industrial products rose by 3.0% compared with the corresponding month of the preceding year. In June the annual rate of change all over had been 3.0%, too, as reported by the Federal Statistical Office.
Compared with the preceding month June the overall index rose by 0.2% in July 2018 (+0.3% in June 2018 and +0.5% in May 2018).
In July 2018 the price indices of all main industrial groups increased compared with July 2017: Energy prices were up 6.5%, though the development of prices of the different energy carriers diverged. Prices of petroleum products were up 16.8%, whereas prices of electricity increased by 7.4% and prices of natural gas (distribution) rose by 3.1%. Prices of intermediate goods were up 3.2%. Prices of durable consumer goods rose by 1.6% and of capital goods by 1.3%, whereas prices of non-durable consumer goods increased by 0.4%
The overall index disregarding energy was 1.9% up on July 2017 and 0.1% compared with June 2018.
Methodological information:
The current results on July 2018 are the last published on base 2010 = 100. The next reporting month will be based on 2015 = 100. As with former rebasings all results will be recalculated starting in January 2015.
More detailed data and long time series are available in table Producer price indices for industrial products (61241-0004) in the GENESIS-Online database.
