German producer prices fall 0.8% y/y in August

September 20, 2024 2:11 AM EDT

FILE PHOTO: A worker attaches a part to a Mercedes-Maybach car on a production line of "Factory 56", one of the world's most modern electric and conventional car assembly halls of German carmaker Mercedes-Benz, in Sindelfingen near Stuttgart, Germany, Mar

(Reuters) - German producer prices fell less than expected in August, decreasing by 0.8% on the year, the federal statistics office reported on Friday.

Analysts polled by Reuters had expected a 1.0% decline.

The office publishes more detailed data on its website.

(Reporting by Isabel Demetz in Gdansk, Editing by Friederike Heine)



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