Latest data released by Destatis - 20 July 2018
- Prior +0.5%
- PPI +3.0% vs +3.0% y/y expected
- Prior +2.7%
Slight delay in the release by the source. Figures are in line with estimates, and the yearly figure continues to tick higher indicating further pressures on producer prices i.e. good for inflation. But as mentioned in the preview, a lagging data point and a minor one for that matter.