Latest data released by Destatis - 19 January 2018
- Prior m/m +0.1%
- PPI y/y +2.3% vs +2.3% expected
- Prior y/y +2.5%
A little delay in the data release, but as I mentioned here this is going to be a norm for German data releases by the country's stats bureau.
Right in line with expectations. Not a market mover - as I mentioned in the calendar preview earlier.
A slight dip in producer prices, but overall still very positive numbers for the German economy. We'll have to see if 2018 can match that.
