{"id":89688,"date":"2023-09-20T11:57:18","date_gmt":"2023-09-20T07:57:18","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=89688"},"modified":"2023-09-20T11:57:19","modified_gmt":"2023-09-20T07:57:19","slug":"producer-prices-in-germany-recorded-their-largest-decline-ever","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/producer-prices-in-germany-recorded-their-largest-decline-ever\/09\/20\/market-updates\/","title":{"rendered":"Producer prices in Germany recorded their largest decline ever"},"content":{"rendered":"\n<p>Producer prices in Germany recorded their biggest year-on-year decline in August since data collection began in 1949, raising hopes that inflation will continue to ease in Europe&#8217;s largest economy.<\/p>\n\n\n\n<p>The Federal Statistics Office reported on Wednesday that producer prices fell by 12.6 percent year-on-year.<\/p>\n\n\n\n<p>Analysts polled by Reuters had expected a decline of 12.6 percent.<\/p>\n\n\n\n<p>Due to the war in Ukraine, the increase in producer prices in August 2022 reached 45.8 percent year-on-year, the highest level ever since records began.<\/p>\n\n\n\n<p>In July, producer prices fell 6 percent, their first decline in more than two-and-a-half years, as energy price pressures eased.<\/p>\n\n\n\n<p>Data from the statistics office showed that compared to July, producer prices rose 0.3 percent in August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Producer prices in Germany recorded their biggest year-on-year decline in August since data collection began in 1949, raising hopes that inflation will continue to ease in Europe&#8217;s largest economy. The Federal Statistics Office reported on Wednesday that producer prices fell by 12.6 percent year-on-year. Analysts polled by Reuters had expected a decline of 12.6 percent. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6839,7215,6987],"class_list":["post-89688","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-germany","tag-hicp","tag-inflation"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/89688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=89688"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/89688\/revisions"}],"predecessor-version":[{"id":89689,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/89688\/revisions\/89689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33500"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=89688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=89688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=89688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}