German producer prices on a month-on-month basis declined at the stable rate of 0.1% in August, as expected by economists. While, producer prices fell 0.8% year-over-year in August, the same rate as in July. This was in line with the consensus estimate.

Prices of intermediate goods decreased by 0.4% and energy prices by 3.1%. Meanwhile, prices of consumer non-durable goods increased by 0.4% compared with August 2013.The overall index disregarding energy increased by 0.2% compared with August 2013.