Latest data released by Destatis - 20 August 2018

  • Prior +0.3%
  • PPI +3.0% vs +3.0% y/y expected
  • Prior +3.0%

Slight delay in the release by the source. Both prints are in-line with expectations and the yearly estimate remains unchanged from June. Continues to show inflationary pressures are holding up decently, but this is a lagging data point as we had the CPI prints earlier already.