Press release No. 247 of 28 June 2019
WIESBADEN – The producer prices of services in Germany were up 1.8% in the 1st quarter of 2019 compared with the same quarter of 2018. The Federal Statistical Office (Destatis) also reports that there were price increases in most service branches. The price increases on the 1st quarter of 2018 were highest in “transportation and storage” and “administrative and support service activities” (2.7% for both sections of economic activity). Compared with the 4th quarter of 2018, the producer prices of services (total) rose by 0.3%.