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Germany August PPI +0.2% vs 0.0% m/m expected

  • Prior +0.2%

The slight bump in August owes mostly to energy prices (+0.8%). If you strip that out, producer prices were actually flat on the month in Germany. Looking at the other individual breakdowns, intermediate goods prices fell by 0.3%, capital goods prices rose by 0.1%, durable consumer goods rose by 0.2%, and non-durable consumer goods rose by 0.1%.

This article was written by Justin Low at www.forexlive.com.

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