German producer prices rise unexpectedly in November

(Reuters) – German producer prices rose unexpectedly in November, increasing by 0.1% on the year, the federal statistics office reported on Friday.

© Reuters. FILE PHOTO: Steelworkers stand at a furnace at the plant of German steel company Salzgitter AG in Salzgitter, Germany, March 2, 2020. REUTERS/Fabian Bimmer/File Photo

Analysts polled by Reuters had expected a 0.3% decline.

The office publishes more detailed data on its website.

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