Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: jennychase

Highest on Record: Germany Producer Price Index +33.6%


3,857 posted on 06/20/2022 9:14:33 AM PDT by Rusty0604 (" When you can't make them see the light, make them feel the heat." -Ronald Reagan)
[ Post Reply | Private Reply | To 3855 | View Replies ]


To: Rusty0604

Is that related to their inflation?


3,858 posted on 06/20/2022 9:19:31 AM PDT by CottonBall (Ready for the Soylent Green new deal?)
[ Post Reply | Private Reply | To 3857 | View Replies ]

To: Rusty0604
Well, looka lika the sanction thingy against the Rooskies ain't doin so well, jus sayn

The producer prices across Germany jumped by 33.6% in May compared to the same month a year ago to surpass market expectations, according to a report published by the Federal Statistical Office on Monday. On a monthly basis, the producer prices index expanded by 1.6%.

The largest contributor to the soaring prices increased in energy costs, which were up 87.1% versus May 2021, particularly the expansion of natural gas, which surged as much as 148.1%. Electricity prices climbed 90.4% in the same period.

The prices of intermediate goods grew 25.1%, with metals leading the gains by rising 38.1%. The prices of non-durable consumer goods increased by 14.7% last month, while the prices of capital goods rose by 7.1%.

3,861 posted on 06/20/2022 9:26:00 AM PDT by norsky (<P><img src=" "width=400"></img> <P> <a href= > </a> )
[ Post Reply | Private Reply | To 3857 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson