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Germany July PPI -1.1% vs -0.2% m/m expected

Prior -0.3%The big chunk of the decline continues to be energy-driven with energy prices having fallen by 2.5% compared to June. The good news at least is that if you strip that out, producer prices were also still seen down 0.4% on the month. That should eventually feed to consumer inflation one way or another and for the German economy's sake, they would be hoping sooner rather than later. This article was written by Justin Low at www.forexlive.com... Read More

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Germany

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Posted: Aug 21 2023, 06:00

Author Name: forexlive

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