In June 2021, the index of producer prices for industrial products increased by 8.5% compared with June 2020. As reported by the Federal Statistical Office this was the highest increase compared to the corresponding month of the preceding year since January 1982 (+8.9%), when prices rose strongly during the second oil crisis. Compared with the preceding month May 2021 the overall index rose by 1.3% in June 2021. Mainly responsible for the increase of producer prices compared to June 2020 were the prices of intermediate products and of energy.Prices of intermediate goods increased by 12.7% compared to June 2020. ... (full story)