(RTTNews) - German producer price index, or PPI, rose 4.4% year-on-year in November, the Federal Statistical Office said Monday. Economists had forecast 4.5% rise following October's 4.3% increase.
According to official data, annual inflation rose for the third consecutive month in November after easing in August.
On a monthly basis, the PPI climbed 0.2% after rising 0.4% in the previous month. It was expected to climb by 0.3%.
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