EUROPE MULTI-INDUSTRY What PPI tells us about Multi-Industry

Research evidence excerpt

EUROPE MULTI-INDUSTRY What PPI tells us about Multi-Industry

Goldman Sachs Europe Multi-Industry

Exhibit 11: In Germany, 5 of the 50 categories are seeing a pricing slowdown on a yearly

basis...

Germany PPI - yearly change May-26 vs May-25

Ignition Cable Sets and Cable Sets for Vehicles

Balls/Rollers/Needles/Oth Prts for Rolling Bearing

Other Electronic and Electric Wires and Cables

Repair of Refrigeration & Air-Conditioning Product

Electric Water Heaters and Immersion Heaters

Repair of Combustion Engines and Turbines

Truck w/ Piston Internal Combust Engine/Compression Ignition

Installation of Electrical Machines and Equipment

Repair of Electric Motors, Generators, Etc

Vacuum Pumps

Other Pumps and Compressors

Installation of Electronic Equipment

Installation of Food Processing Machines

Non-Domestic Cooling and Ventilation Equipment

Repair/Maintenance of Metal Products

Repair and Maintenance of Ships and Boats

Forklifts, Electric Trucks and Lifting Equipment

Diesel Engine for Water/rail Vhcls/Industrial Engine

Repair of Measuring, Control & Similar Instruments

Metal Forming Machinery and Machine Tools

Pressure Reducing Valves, Check Valves and Valves

Repair of Lifting Equipment and Conveyors

Crane Trucks [Mobile Cranes]

Agri / Forestry Tractors with Engine Power>59k

Repair and Maintenance of Rail Vehicles

Repair, Maintenance of Hydraulic Systems

Non-Elec Instantaneous Water Heater, Hot Water Tank

Repair of Medical, Orthopedic Devices

Wiring Devices

Railway Locomotives and Rolling Stock

Lifting and Handling Equipment

Parts for Steam Turbines

Machinery for Mining, Quarrying and Construction

Control Valves, Gate Valves and Other Fittings

Fluid Power Equipment

Machines for Producing Food, Beverages

Planning & Installation of Process Control Systems