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German producer price index increased by 0.6% in March...

PPI in Germany climbed up more than expected in March…

The German Federal Statistics Office reported today that country’s producer price index increased by seasonally adjusted 0.6% in March, following 0.4% gain in February.

Meanwhile analysts expected a 0.5% index growth for last month.

 

Comparing with 2011 March brought a rise of 3.3% annual rate, which is more than February’s 3.2% reading- Destatis reportd today.

 

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