German Producer Prices, December 2024: 0.8% (YoY)

20 January 2025

The producer prices of industrial products were 0.8% higher in December 2024 than in December 2023. In November 2024, the year-on-year change rate was +0.1%. The Federal Statistical Office (Destatis) also reports that producer prices in December 2024 dropped by 0.1% from November 2024.

On an annual average basis, industrial producer prices were 1.8% lower in 2024 than in 2023. In 2023, the year-on-year change rate was +0.2% on an annual average.

Source: Destatis
Post by: Republic of Türkiye Ministry of Trade