Germany May PPI -0.4% vs -0.3% m/m expected

Latest data released by Destatis - 19 June 2020

  • Prior -0.7%
  • PPI -2.2% vs -2.0% y/y expected
  • Prior -1.9%

Slight delay in the release by the source. Producer prices continue to slump amid waning price pressures, which we have already seen in inflation data as well already.

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