Germany December PPI -0.4% vs +-0.1% m/m expected

Source: Destatis

• Prior +0.1%
• PPI +2.7% vs +2.9% y/y expected
• Prior +2.8%

Low tier data here and a slight delay on the release. No ray of hope here as the lagging indicator confirms Germany's slow down. EURUSD virtually unchanged at 1.13808