Germany April PPI +0.5% vs +0.3% m/m expected

Latest data released by Destatis – 20 May 2019

  • Prior -0.1%
  • PPI +2.5% vs +2.4% y/y expected
  • Prior +2.4%


Slight delay in the release by the source. Slightly better-than-expected producer price figures but the release here is very much a lagging indication of inflationary pressures. As such, it doesn’t hold much significance in terms of impact to markets.

EUR/USD holds steady at 1.1154 currently, near unchanged levels on the day. EUR/JPY is also barely moved currently at 122.85 after having touched highs above the 123.00 handle earlier in Asia Pacific trading.

Articles You May Like

How To Use MetaTrader 4 (Tutorial For Beginners – How To Use A Charting Platform) [Trading Basics]
China’s Global Times: China concerned about fairness of trade deal
China and North Korea agree they need to work together
UK Finance May mortgage approvals 42.4k vs 41.0k expected
WTI technical analysis: en-route for the 200-D EMA around 58.80

Leave a Reply

Your email address will not be published. Required fields are marked *