21-Apr-2011 12:55 PM

Germany's producer price growth slows in Mar-2011

Germany's Federal Statistical Office (Destatis) stated the index of producer prices for industrial products (domestic sales) for Germany rose by 6.2% in Mar-2011 from the corresponding month of the preceding year. In Feb-2011 the annual rate of change was +6.4%. Compared with the preceding month, the index rose in Mar-2011 by 0.4% (+0.7% in Feb-2011).