Press release No. 100 of 20 March 2017
WIESBADEN – In February 2017 the index of producer prices for industrial products rose by 3.1% compared with the corresponding month of the preceding year. This was the highest annual rate of change since December 2011 (+3.5%). In January 2017 the annual rate of change all over had been 2.4%.
Compared with the preceding month January 2017 the overall index rose by 0.2% in February 2017 (0.7% in January and 0.4% in December).
In February 2017 the price indices of all main industrial groups rose compared with February 2016: Energy prices increased by 5.4%, though prices of the different energy carriers diverged. Prices of petroleum products increased by 22.7%, whereas prices of natural gas (distribution) decreased by 7.5%. Prices of intermediate goods rose by 3.3%, prices of non-durable consumer goods by 2.3%. Prices of durable consumer goods increased by 1.1% and prices of capital goods by 0.9%.
The overall index disregarding energy rose by 2.2% compared with February 2016 and by 0.3% compared with January 2017.
More detailed data and long time series are available in table Producer price indices for industrial products (61241-0004) in the GENESIS-Online database.