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Producer prices in November 2022: +28.2% on November 2021
In November 2022, the index of producer prices for industrial products increased by 28.2% compared with November 2021. As reported by the Federal Statistical Office the price increase on producer level slowed down for the second timein succession. In October the increase had been +34.5% and in September +45.8%. Compared with the preceding month October 2022 the overall index decreased by 3.9% in November 2022. That was the second time in a row that prices declined significantly compared with a month earlier (–4.2% October 2022 on September 2022).Mainly responsible for the increase of producer prices compared to ... (full story)