{"id":388394,"date":"2026-04-20T07:50:07","date_gmt":"2026-04-20T07:50:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/388394\/"},"modified":"2026-04-20T07:50:07","modified_gmt":"2026-04-20T07:50:07","slug":"german-producer-prices-in-march-see-largest-monthly-jump-since-august-2022","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/388394\/","title":{"rendered":"German producer prices in March see largest monthly jump since August 2022"},"content":{"rendered":"<p class=\"text-align-justify\" data-v-4026719d=\"\">The March data shows:<\/p>\n<p>Producer prices (monthly) +2.5% m\/mProducer prices (annual) -0.2% y\/y<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">That isn&#8217;t a surprise with the jump being largely from a sharp increase in prices for almost all energy products. Mind you, the year-on-year figure was -3.3% in February. So, the lower natural gas and electricity prices in the preceding months have largely been negated now.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">The monthly jump in energy prices was 7.5% in March. In particular, the prices of mineral oil products rose sharply as a result of the conflict in the Middle East. Natural gas and electricity prices were more contained though, but there is a bit of a caveat to that. Destatis notes that the low prices were &#8220;mainly due to longer-term contracts and pricing mechanisms&#8221;.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">Meanwhile, motor fuel prices were seen up 22.3% compared to February and up 29.5% compared to March last year. And prices for mineral oil products were seen up 22.9% compared to February and up 18.3% from March last year.<\/p>\n<p class=\"text-align-justify\" data-v-4026719d=\"\">Even if oil and gas price futures may look to have come off the boil in recent weeks, don&#8217;t expect April to be all too much better. The longer that the US-Iran war drags on and the Strait of Hormuz remains closed, that will continue to keep biting at every day consumers and businesses amid higher energy prices.<\/p>\n","protected":false},"excerpt":{"rendered":"The March data shows: Producer prices (monthly) +2.5% m\/mProducer prices (annual) -0.2% y\/y That isn&#8217;t a surprise with&hellip;\n","protected":false},"author":2,"featured_media":65055,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-388394","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/388394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=388394"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/388394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/65055"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=388394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=388394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=388394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}