German PPI m/m
Monday 21 August 2023 06:00am
- Actual-1.1%
- Forecast-0.1%
- Previous-0.3%
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;