Global Economic Prospects 2014

Five years after the financial crisis, the world economy is showing signs of bouncing back. Read more ...

Development Prospects

Providing information, analysis, and advice on global trends in the world economy.  Find out more ...

Global Economic Monitor

Now free. Daily and monthly updates on global economic developments and relevant topical issues. Find out more ...

Syndicate content

March 2011

Prospects Daily: German producer prices higher on energy costs

Global Macroeconomics Team's picture

Important developments today:

Producer prices in Germany escalate. Producer prices in Germany, the Euro Area’s largest economy, increased 0.7% in February (m/m), and were up by 6.4% compared to a year ago. The rate of increase slowed from the 1.2% (m/m) increase recorded in January. According to the German Statistics Office, much of the increase in the gateway producer price was due to higher energy and metals costs. Energy prices in Germany were up 0.9% on the month and 11% on the year.