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Germany March PPI -2.6% vs -0.5% m/m expected

Germany March PPI -2.6% vs -0.5% m/m expected
Prior -0.3%PPI +7.5% vs +9.8% y/y expectedPrior +15.8%The big drop on the monthly reading largely stems from the development of energy prices, which is continuing to ease further as a whole. The details show a notable drop in prices for mineral oil products (-2.3%), light heating oil (-4.4%), and motor fuels (-1.7%). This article was written by Justin Low at www.forexlive.com... Read More
Posted: Apr 20 2023, 06:00
Author Name: forexlive
Views: 110654

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