The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Germany's producer prices declined for the sixth straight month in December due to cheaper energy costs, Destatis reported Friday.
Producer prices dropped 8.6 percent year-over-year in December, faster than the 7.9 percent fall in November. Economists had expected a decline of 8.0 percent.
The overall decrease in December was largely attributed to a 23.5 percent plunge in energy costs amid a continued plunge in electricity costs.
Prices for intermediate goods were 3.7 percent lower compared to last year, primarily due to price reductions in metals and chemical raw materials.
Meanwhile, costs for consumer goods rose 3.2 percent amid higher food prices.
On a monthly basis, producer prices dropped 1.2 percent in December versus a 0.5 percent decrease a month ago. The expected fall was 0.5 percent.
During the whole year 2023, average producer prices declined by 2.4 percent compared to 2022. Excluding energy, producer prices increased by 3.6 percent.