Germany April PPI +0.8% vs +0.8% m/m expected

Latest data released by Destatis - 20 May 2021

  • Prior +0.9%
  • PPI +5.2% vs +5.1% y/y expected
  • Prior +3.7%

Another bump higher in producer prices as this ties in with the trend of higher input cost inflation, which will feed into consumer inflation down the road.

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