German PPI m/m
Friday 19 May 2023 06:00am
- Actual0.3%
- Forecast-0.5%
- Previous-2.6%
Information
-
Effect
Real greater than expected is good for the currency
-
Why Traders Care
It's a leading indicator of consumer inflation - when manufacturers charge more for goods the higher costs are usually passed on to the consumer
-
Abbreviation Explanation
Producer Price Index (PPI)
-
Release Date Details
Released monthly, about 20 days after the month ends;