German producer prices fall 1.2% y/y in May
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FILE PHOTO: A commuter train passes by the skyline with its financial district ahead of the European Central Bank?s (ECB) governing council meeting later this week in Frankfurt, Germany, October 25, 2021. REUTERS/Kai Pfaffenbach/File Photo
(Reuters) -German producer prices fell in line with expectations in May, decreasing by 1.2% on the year, the federal statistics office reported on Friday.
Analysts polled by Reuters had expected a 1.2% decline.
The office publishes more detailed data on its website.
(Reporting by Maria Rugamer, Editing by Miranda Murray)
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