Germany’s producer price index, or PPI, fell by 0.9 percent compared to the same period in 2013, official data showed Thursday. 

In January, the index had dropped by 1.1 percent. On a month-on-month basis, PPI remained unchanged, the data showed.

“While prices of consumer non-durable goods increased by 1.3% prices of intermediate goods were 1.9% low and energy 2.6% low compared with February 2013,” according to a press release.

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Houses are pictured in front of the coal power plant of German utility RWE Power near the western town of Niederaussem on Nov. 14, 2013. Photo: Reuters/Ina Fassbender