Germany October PPI -0.1% vs -0.1% m/m expected

  • Latest data released by Destatis - 20 November 2023
  • Prior -0.2%

That's welcome news in terms of price pressures for the German economy as the drop is largely to do with lower prices of metals and basic chemicals. If you strip out energy prices, producer prices were down 0.2% on the month compared to September.

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