German July PPI has come in at -1.5% m/m, -7.8% y/y, much weaker than the median forecasts of -0.3%, -6.5% respectively. The year on year decline is the sharpest since 1949, when post-war records of producer price data began.
German July PPI has come in at -1.5% m/m, -7.8% y/y, much weaker than the median forecasts of -0.3%, -6.5% respectively. The year on year decline is the sharpest since 1949, when post-war records of producer price data began.
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