Producer prices in Germany, the EU's largest economy, rose by 0.2 percent in August compared to the previous month, according to the country's statistical agency Destatis.
Compared to August last year, however, there was a decline of 0.8 percent for producer prices.
Analysts had on average expected unchanged producer prices compared to the previous month and a decline of 1 percent for producer prices compared to August last year, according to the news agency Bloomberg.
In July, producer prices in Germany rose by 0.2 percent compared to June, which resulted in a decline of 0.8 percent year-on-year.
The German economy – where the automotive industry has entered a crisis – is experiencing a downturn, possibly even a mild recession, according to the German central bank Bundesbank's economists.
A survey of economists simultaneously shows that they expect an unchanged GDP in Germany during the third quarter and growth of 0.2 percent in the fourth quarter.
