German producer prices fall 1.1% y/y in October
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A general view of a distribution centre of the food bank "Berliner Tafel" in Berlin, Germany, March 30, 2022. REUTERS/Lisi Niesner/File Photo
(Reuters) - German producer prices fell in October, in line with expectations, decreasing by 1.1% on the year, the federal statistics office reported on Wednesday.
Analysts polled by Reuters had expected a 1.1% decline.
The office publishes more detailed data on its website.
(Reporting by Elizaveta Gladun and Anastasiia Kozlova in Gdansk, Editing by Miranda Murray)
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