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German PPI Nov mm -0.2% vs -0.2% exp

Latest Producer Price Index data now out from Germany

  • -0.4% prev
  • yy -2.5% vs --2.4% exp vs -2.3% prev

Nothing much to glean from the headline but an step in the right direction from October

Y-y reading though is softer than expectations and previous and tempers the better mm reading

    No one though should be surprised that producer prices remain soggy when commodity prices are so soft and this doesn't help the chances of inflation going up to any real effect

    EURUSD a tad lower at 1.0872 but all really quiet out there as expected

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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