Latest data released by Destatis - 20 August 2019
- Prior -0.4%
- PPI +1.1% vs +1.0% y/y expected
- Prior +1.2%
Slight delay in the release by the source. Producer prices hold somewhat steady for the month of July but this is a lagging and proxy indicator of inflationary pressures. As such, the data here means little in contributing towards sentiment on inflation in the German economy.
