German Producer Prices fall at fastest rate since 2009 - German producer prices have shown a steeper than anticipated decline, indicating a swift alleviation of inflationary pressures within Europe's largest economy. The significant drop of 6 percent in prices charged by companies for goods produced in the year leading up to July marks the most rapid decrease since 2009. This deflationary trend has been predominantly driven by substantial reductions in wholesale energy prices, as per data released by the federal statistical agency. Economists Predicted Economists surveyed by Reuters had originally projected a 5.1 percent decrease, underscoring the unexpectedly pronounced nature…