Latest data released by Destatis - 20 April 2020
- Prior -0.4%
- PPI -0.8% vs -0.8% y/y expected
- Prior -0.1%
Producer prices ease on the month with the annual estimate falling to its weakest level since September 2016. Albeit a lagging and proxy indicator of inflation pressures, it isn't a good sign amid the collapse in energy prices over the past month or so.
