A view shows a steel production plant in Georgsmarienhuette, Germany, September 19, 2024. REUTERS/Leon Kuegeler
A view shows a steel production plant in Georgsmarienhuette, Germany, September 19, 2024. REUTERS/Leon Kuegeler
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Business & Economy

German producer prices fall 1.8% y/y in October

(Reuters) -German producer prices fell less than expected in October, decreasing by 1.8% on the year, the federal statistics office reported on Thursday.

Analysts polled by Reuters had expected a 1.9% decline on average.

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The office publishes more detailed data on its website.

(Reporting by Amir OrusovEditing by Ludwig Burger)

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