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Germany January PPI -1.0% vs -1.6% m/m expected

Germany January PPI -1.0% vs -1.6% m/m expected

News
Justin Low
17/02/2023 | 07:00 GMT
  • Latest data released by Destatis - 17 February 2023
  • Prior -0.4%
  • PPI +17.8% vs +16.4% y/y expected
  • Prior +21.6%

The drop in energy prices is the main contributor to the decline in producer prices on the month. However, as a whole, energy prices are still seen up 32.9% compared to January last year.

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