Germany September PPI -0.1% vs 0.0% m/m expected

Forex Short News
  • Prior -0.5%

The slight drag on the month was mostly as a result of a decline in energy prices (-0.3%). If you strip that out, producer prices in Germany were flat compared to August. The added breakdown shows increases in the prices for capital goods (+0.1%) and durable goods (+0.1%). Price for consumer goods were flat while the price for intermediate goods (-0.1%) were down slightly.

This article was written by Justin Low at investinglive.com.