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U.S.Economy: 
German PPI Advances 0.7% in February
Author: 123jump.com Staff
123jump.com
Last Update: 11:24 AM EDT March 20 2008


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As reported by the Federal Statistical Office, the index of producer prices for industrial products domestic sales for Germany was up 3.8% in February 2008 from the corresponding month of the preceding year. This was the highest year-on-year rate of price increase since December 2006 +4.4%. In January 2008, the annual rate of change was +3.3%.

 
This is the unedited press release from Statistisches Bundesamt Deutschland


WIESBADEN – As reported by the Federal Statistical Office (Destatis), the index of producer prices for industrial products (domestic sales) for Germany was up 3.8% in February 2008 from the corresponding month of the preceding year. This was the highest year-on-year rate of price increase since December 2006 (+4.4%). In January 2008, the annual rate of change was +3.3%. Compared with the preceding month, the index rose by 0.7% in February 2008.


Available at:

http://www.destatis.de/jetspeed/portal/cms/Sites/destatis/Internet/EN/press/pr/2008/03/PE08__124__61241,templateId=renderPrint.psml
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