Press release No. 466 of 20 December 2017
WIESBADEN – In November 2017 the index of producer prices for industrial products rose by 2.5 compared with the corresponding month of the preceding year. In October 2017 the annual rate of change all over had been 2.7%, as reported by the Federal Statistical Office.
Compared with the preceding month October 2017 the overall index rose slightly by 0.1% in November 2017 (+0.3% in October and in September).
In November 2017 the price indices of all main industrial groups increased compared with November 2016: Prices of intermediate rose goods by 3.3%. Energy prices were up 3.0%, though the development of prices of the different energy carriers diverged. Prices of petroleum products increased by 8.5% and prices of electricity by 2.7%, whereas prices of natural gas (distribution) decreased by 3.7%. Prices of non-durable consumer goods rose by 2.4%. Prices of durable consumer goods increased by 1.2% whereas prices of capital goods increased by 1.1%.
The overall index disregarding energy was 2.3% up on November 2016 and decreased by 0.1% compared with October 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.