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وكالة الأنباء القطرية
Germany industrial prices climb amid energy costs
Industrial products and services prices in Germany increased significantly during 2023. Industrial product prices rose by 4.6% in August, while prices for intermediary goods increased by 6.1%, driven by a rise in metals by 14.8% and copper by 34.6%. The services sector also experienced an annual growth of 3.7%, with larger increases in transportation and storage costs by 6.2%, and maritime shipping expenses surged by 20.7% due to higher fuel prices and fees. The increase in energy and transportation costs is considered a main factor contributing to the overall price rise, although the services price index does not reflect the general consumer inflation.
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