19 July 2006, 10:42  German June PPI up 0.3% from May, up 6.1% yr/yr

Producer prices in Germany rose 0.3 pct in June from May and were up 6.1 pct from June last year, driven mainly by higher energy prices, the Federal Statistics Office said. The figures exceeded the expectations of economists polled by AFX News, who had forecast a month-on-month increase of 0.2 pct and a year-on-year rise of 5.9 pct. Energy prices were up 1.0 pct in June from May and were 17.8 pct higher year-on-year, the office said in a statement. Germany's producer price index rose to 117.1 in June from 116.7 in May and from 110.4 in June 2005 (2000 equals 100), it added.

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