In August this year, the index of producer prices for industrial products in Germany fell by 1.6 percent compared to the same month of 2015 and was down 0.1 percent compared to July, according to the country's Federal Statistical Office (Destatis). In July this year, Germany's industrial producer prices had decreased by two percent year on year.
In August, prices in the energy sector decreased by 5.5 percent, while prices of non-durable consumer goods rose by 0.7 percent and prices of intermediate goods fell by 1.6 percent, all year on year. Meanwhile, in the month in question, the prices of capital goods and durable consumer goods rose by 0.6 percent and 1.2 percent respectively, both compared to August 2015.