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

• Prior -0.5%

Producer prices were seen up compared to the previous month but year-on-year, remain down by 1.1%. Looking at the details, there were increases in the price for capital goods (+0.2%), consumer goods (+0.2%), and durable goods (+0.2%). This is offset slightly by a decline in prices for intermediate goods (-0.3%).

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