Producer prices in Germany are beginning to actively grow
The growth of wholesale prices in Germany accelerated in January, he was marked for most components, said the federal office of statistics.
In monthly terms, the index rose by 1,3%, and annual - on 1,9%, well above December's annual growth at 0.2%.
The most striking increases have reflected components of the price of food, beverages and tobacco (+0.5% m / m, -0.3% y / y), as well as consumer goods (+0.2% m /, +1 , 7% y / y).
Prices for solid fuels and minerals have also demonstrated a significant recovery in January (+3.9% m / m, +15.5% y / y).
Most companies predict a rise in prices in the wholesale trade as soon as possible, according to a recent survey by Ifo.
Association of export and wholesale trade in Germany (BGA) agrees: "downtrend in wholesale prices is coming to an end."
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