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

Destatis - 16 September 2020

EURUSD
  • Prior +0.2%
  • PPI -1.2% vs -1.4% y/y expected
  • Prior -1.7%

No inflationary pressure concealed here within the PPI, but there is at least a pick up from last months low in keeping with expectations. Nothing to be excited about either way and EURUSD sat stone cold at 1.1854.

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