German PPI m/m
Tuesday 19 August 2008 06:00am
- Actual2.00%
- Forecast0.70%
- Previous0.90%
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;