Germany: Producer price index for woodworking machines stagnating

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According to the Federal Statistical Office, the German producer price indices for commercial products such as woodworking machines and cutting tools recorded different trends in October 2022 compared to the previous month. The index for cutting tools rised, while that for woodworking machines stagnated. Both indices significantly exceeded the previous year's level. In detail, the indices developed as follows:

woodworking machinery: 127,3 points ( 0,08% )

cutting tools: 115,6 points ( 0,70% )

You get to the table with these and further calculations here.

Additional graphs you find here.

Data source: Destatis: producer price indices for commercial products

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