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Producer prices in March 2021: +3.7% on March 2020
In March 2021, the index of producer prices for industrial products increased by 3.7% compared with March 2020. This was the highest increase compared to the corresponding month of the preceding year since November 2011 (+4.6%), as reported by the Federal Statistical Office. Compared with the preceding month February 2021 the overall index increased by 0.9% in March 2021.Mainly responsible for the increase of producer prices compared to March 2020 were the prices of energy and of intermediate products. Increase in electricity prices causes rising energy prices Energy prices as a whole increased by 8.0% compared to ... (full story)