Germany July PPI +0.2% vs +0.2% m/m expected

• Prior +0.2%

Looking at the breakdown, there were increases in the price for intermediate goods (+0.2%) and energy (+0.5%). Besides that, the price for capital goods and durable consumer goods were flat on the month. Meanwhile, the price for consumer goods in general fell by 0.1% in July. If you strip out energy, producer prices were seen up 0.1% compared to June.

This article was written by Justin Low at www.forexlive.com.