German PPI m/m
Thursday 20 July 2023 06:00am
- Actual -0.3%
- Forecast-0.4%
- Previous-1.4%
Information
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Effect
Real greater than expected is good for the currency
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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
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Abbreviation Explanation
Producer Price Index (PPI)
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Release Date Details
Released monthly, about 20 days after the month ends;