Germany Oct PPI mm 0.3% vs 0.3% expected

Author: Mike Paterson | Category: News

German Oct PPI data now out 20 Nov

  • 0.3% prev
  • 2.7% as exp vs 3.1% prev
Not too much to glean. Steady as we go but softer yy give a bearish tone to pipeline inflation

EURUSD 1.1736 with eyes on talks later today between Merkel and the German president Steinmeyer.  I warned about the risk of the coalition talks in posts on Friday and Saturday.