Germany June PPI -0.3% vs. -0.4% m/m points

Previous -1.4% PPI +0.1% vs. 0.0% y/y expected Previous +1.0% Energy prices are the main contributor to the fall in the annual reading, as when you strip them out, producer prices are still 2.8% higher than in June last year. The positive thing to note is that the drag on energy prices on the monthly […]