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German producer prices fall 2.9% y/y in March

April 19, 2024 2:08 AM EDT

FILE PHOTO: Vehicles pass trucks, parked at the emergency lane after heavy snowfall at the A3 highway, near Aegidinberg, Germany, January 18, 2024. REUTERS/Wolfgang Rattay/File Photo

(Reuters) - German producer prices fell less than expected in March, decreasing by 2.9% on the year, the federal statistics office reported on Friday.

Analysts polled by Reuters had expected a 3.2% decline.The office publishes more detailed data on its website.

(Reporting by Chiara Holzhaeuser and Halilcan Soran; Editing by Andrey Sychev)



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