German production costs hit 70-year high
Oct 23rd 2022 1:53am EDT
Producer prices jump by nearly 50% for two months in a row German manufacturers hiked their prices by nearly 50% in September year-on-year, following similar increases in recent months, the Federal Statistics Office (Destatis) reported on Thursday. Producer prices for commercial products rose by 45.8% in September compared to the same month last year, Destatis […]
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