German producer price index rose more than expected in August
20.09.2021, 06:21

German producer price index rose more than expected in August

According to the report from the Federal Statistical Office (Destatis), in August 2021, the index of producer prices for industrial products increased by 12.0% compared with August 2020. This was the highest increase compared to the corresponding month of the preceding year since December 1974 (+12.4%), when prices rose strongly during the first oil crisis. Economists had expected a 11.4% increase. Compared with the preceding month July 2021 the overall index rose by 1.5% in August 2021. Economists had expected a 0.8% increase.

Mainly responsible for the increase of producer prices compared to August 2020 were the prices of energy followed by intermediate products. Energy prices as a whole were up 24.0% compared to August 2020 and by 3.3 compared to July 2021. Mainly responsible for the high rise of energy prices were the strong increase regarding natural gas (distribution).

Prices of intermediate goods increased by 17.1% compared to August 2020. Compared to July 2021 these prices were up 1.4 %. Compared to August 2020 intermediate goods’ prices increased especially regarding sawn timber (+124%) and metallic secondary raw materials (+104%) as well as wooden packaging materials (+89.4%) and reinforcing steel in bars (+87.2%). 

Prices of durable consumer goods increased by 2.8% compared to August 2020, mainly caused by the price development of furniture (+3.9%). Prices of non-durable consumer goods increased by 2.1% compared to August 2020 and rose by 0.2% compared to July 2021. From August 2020 to August 2021 food prices increased by 2.6%.

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik