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German producer prices rise unexpectedly in November
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(Reuters) – German producer prices rose unexpectedly in November, increasing by 0.1% on the year, the federal statistics office reported on Friday.
(Reuters) – German producer prices rose unexpectedly in November, increasing by 0.1% on the year, the federal statistics office reported on Friday.
Analysts polled by Reuters had expected a 0.3% decline.
The office publishes more detailed data on its website.
(Reporting by Bernadette Hogg, Editing by Friederike Heine)
Producer prices refer to the prices that producers receive for their goods and services. They are an important indicator of inflation and can impact consumer prices.
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. It is typically measured by the Consumer Price Index (CPI).
Economic growth refers to an increase in the production of goods and services in an economy over a period of time, often measured by GDP growth.
Financial markets are platforms where buyers and sellers engage in the trade of assets such as stocks, bonds, currencies, and derivatives, facilitating capital flow in the economy.
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