Germany August PPI -0.5% vs -0.2% m/m expected
Latest data released by Destatis - 20 September 2019
- Prior +0.1%
- PPI +0.3% vs +0.6% y/y expected
- Prior +1.1%
Slight delay in the release by the source. That is quite a drop in producer and import prices and won't breathe any confidence into inflationary pressures whatsoever.
Although it is a lagging data point, the trend certainly suggests that we could see weaker inflation in Germany moving forward once these prices fall enough to be passed on to consumers down the road.
Reprinted from Forexlive，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
If you like, reward to support.
Hot
No comment on record. Start new comment.