By Xavier FontdegloriaProducer prices of industrial products in Germany grew in March at their slowest pace in almost two years, adding to evidence of easing inflation pressures at factory gates. Producer prices increased 7.5% in March compared with the same month a year earlier, easing from a 15.8% on-year rise in February, according to data from Germany's statistics office Destatis released Thursday. This marks the lowest increase since May 2021.

Source: Wall Street Journal April 20, 2023 08:14 UTC