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.Reuters/Ina Fassbender
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.
