FXstreet.com (Barcelona) -Producer prices have increased above expectations in January, after an slight decrease in December, while year-on-year, producer prices have posted the highest increase since December 2007, according to the German statistics office, Destatis.

In December, producer prices have risen 0.8% from November, following a 0.1% decrease in the previous month. December's increase has surpassed the experts' forecasts of a 0.3% rise.

On the year, prices have risen 3.3%, somewhat above the 2.8% increase expected by market analysts.