In November 2021, the index of producer prices for industrial products increased by 19.2% compared with November 2020. As reported by the Federal Statistical Office this was the highest increase compared to the corresponding month of the preceding year since November 1951 (+20.6%). Compared with the preceding month October 2021 the overall index rose by 0.8% in November 2021. Mainly responsible for the increase of producer prices compared to November 2020 was the price increase of energy. Energy prices as a whole were up 49.4% compared to November 2020 and by 1.2% compared to October 2021. Mainly responsible for the ... (full story)