Germa production costs fall at a low speed in June

(RTTNews) – Gerguy manufacturer’s costs fell for the fifth month in a row in June, the speed of annual declines has slowed, Destatis’ knowledge revealed on Monday.

Production costs fell by 1.8% year-on-year in June, to a 2.2% decline in May. Prices have been falling since February. However, this is faster than the design forecast of 1.6% through economists.

On a consistent basis with the month, the manufacturer’s costs remained unsus replaced as opposed to a quarter of zero consistent with the decline of the penny in May. Economists expected a design of up to 0.2%.

Excluding energy, the manufacturer’s costs fell by 0.4% compared to last year and 0.1% compared to May.

Energy costs recorded the largest annual decrease of 6.2%, followed by a 2.5% decrease in intermediate goods costs. Meanwhile, the costs of Jstomer dur goods and capital goods increased by 1.5% and 1.2% respectively.

At the same time, non-dur Jstomer products increased by 0.6% according to the year in June.

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