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German Producer prices in August 2013: –0.5% on August 2012
In August 2013 the index of producer prices for industrial products fell by 0.5% from the corresponding month of the preceding year. While prices of consumer non-durable goods increased by 2.6% prices of energy were 2.0% low and intermediate goods 1.5% low compared with August 2012. In July 2013 the annual rate of change all over was unchanged. Compared with the preceding month the index decreased by 0.1% in August 2013 (also –0.1% in July and in June 2013). Federal Statistical Office (Destatis) also presented the results of the recalculation of the index of producer prices on base 2010 = 100.