German producer prices rise 0.5% y/y in January
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FILE PHOTO: A view shows a steel production plant in Georgsmarienhuette, Germany, September 19, 2024. REUTERS/Leon Kuegeler/File Photo
(Reuters) - German producer prices rose less than expected in January, increasing by 0.5% on the year, the federal statistics office reported on Thursday.
Analysts polled by Reuters had expected a 1.3% increase.
The office publishes more detailed data on its website.
(Reporting by Bartosz Dabrowski, Editing by Friederike Heine)
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