The Statistical Service of Germany, Destatis, in February 2017 recorded the most significant increase in prices of national producers in the last five years.
Wholesale prices in February 2017 increased by 0.2%, which in annual terms is 3.1%. This is the highest figure recorded since December 2011. According to experts' forecasts, annual price growth should not exceed 2.9%. In a month-long outlook, forecasts were justified.
Significantly, the increase in prices was influenced by the energy market. If you do not pay attention to the non linearity of the characteristics of price changes in this sector of the economy, then without taking into account energy prices, the absolute value of price growth in February increased by 0.3%, in terms of the year - by 2.2%.
Speaking about certain energy categories in Destatis, the price for light heating oil (52.5%), diesel fuel (21.2%) and electricity (9.6%) increased most in terms of the year. In the price fell by 7.5% only natural gas.
Accurate statistics and regular monitoring of prices on world markets are extremely important for productive Forex trading. The news feed of the stock markets and other important information for traders are updated regularly in the news feeds of many brokers. One of the sources of current business information is the Opteck broker.
To find out about all the current Forex news, as well as world financial information, you can visit the broker Opteck. Here you will find absolutely everything that will allow you to quickly learn to understand the trade, and therefore earn big amounts of money. Also, you'll know is Opteck scam and fraud or is one of the best trading platforms for traders from around the world.
Site is open to user reviews and reviews. Here you can vote for the company you like and, using the results of the rating, choose a broker to make trading transactions.