Latest data released by Destatis - 20 February 2020
- Prior +0.1%
- PPI +0.2% vs -0.4% y/y expected
- Prior -0.2%
Producer prices improve to start the year with the annual headline reading escaping deflation territory. Nonetheless, this is a proxy and lagging indicator for inflation pressures but at least it isn't compounding worries on that front to start the year.
