German producer prices fall 2.9% y/y in March

Vehicles pass trucks, parked at the emergency lane after heavy snowfall

(Reuters) - German producer prices fell less than expected in March, decreasing by 2.9% on the year, the federal statistics office reported on Friday.

Analysts polled by Reuters had expected a 3.2% decline.The office publishes more detailed data on its website.

(Reporting by Chiara Holzhaeuser and Halilcan Soran; Editing by Andrey Sychev)