German PPI falls more than expected in April

FXStreet (Mumbai) - The official data released in Germany on Wednesday showed the inflation as measured by the producer price index (PPI) for industrial products fell by 1.5% compared to the expectation of a 1.4% decline.

The official report released by Destatis showed, in April 2015 energy prices decreased by 4.4% compared with April 2014, prices of consumer non-durable goods by 1.4% and prices of intermediate goods by 0.7%. In contrast prices of capital goods rose by 0.8% and prices of durable consumer goods by 1.3%.

PPI ex-energy decreased by 0.3% compared with April 2014.