GERMANY DATA: Producer price inflation slowed to +0.4% on the month in
February, down from both January’s rate and the median forecast, which
were both at +0.6%. On the year, producer prices were up 3.2%.
— Germany February PPI below MNI median y/y fcast (+3.3%)
— Germany February PPI ex-energy +0.4% m/m, +1.6% y/y;
— Germany February PPI ex-petroleum products +0.2% m/m, +2.6% y/y
— Germany February PPI energy +0.5% m/m, +6.9% y/y
— Germany February PPI cap goods unch m/m, +1.1% y/y
— Germany February PPI cons goods +0.4% m/m, +3.5% y/y
— Germany February PPI basic goods +0.5% m/m, +0.5% y/y
— See MNI MainWire for details