In May this year, the index of producer prices for industrial products in Germany fell by 2.7 percent compared to the same month of 2015 and was up 0.4 percent compared to April, according to the country's Federal Statistical Office (Destatis). In April this year, Germany's industrial producer prices had decreased by 3.1 percent year on year.
In May, prices in the energy sector decreased by eight percent, while prices of non-durable consumer goods declined by 0.2 percent and prices of intermediate goods fell by 2.3 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 1.3 percent respectively, both compared to May 2015.