German producer prices rose in January at their fastest rate since modern records began, soaring 25% and extending a run of sharp increases likely to keep businesses under financial stress and consumer inflation high.

Analysts polled by Reuters had expected a repeat of December's figure of 24.2%. Sharp increases of 18.4% and 19.2% were logged in October and November, respectively.

Source:  Reuters
Post by: Republic of Turkiye Ministry of Trade