Germany's producer prices declined for the sixth straight month in July, Destatis reported Thursday.
Producer prices declined 1.7 percent year-on-year in July, slightly slower than the 1.8 percent decrease seen in June. Prices have been falling since February. Economists had forecast prices to fall again by 1.8 percent.
On a monthly basis, producer prices gained 0.2 percent after remaining unchanged in June. The expected growth was 0.1 percent.
Among components, energy prices declined the most in July, down 5.8 percent. Intermediate goods prices slid 2.3 percent.
Meanwhile, durable consumer goods and non-durable consumer goods prices were up 1.6 percent and 0.5 percent, respectively. Capital goods prices advanced 1.1 percent.
Another report from Destatis showed that retail turnover increased by real 0.8 percent in the first half of 2020 compared to the preceding period. In nominal terms, retail turnover grew 1.5 percent.
作者：RTTNews Staff Writer，文章来源RTTNews，版权归原作者所有，如有侵权请联系本人删除。
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: followme.asia
加载失败()