Latest data released by Destatis - 20 October 2020

  • Prior 0.0%
  • PPI -1.0% vs -1.4% y/y expected
  • Prior -1.2%

A slight improvement in producer prices towards the end of Q3, but that hasn't really translated to any positive developments in consumer inflation unfortunately. The release here is a lagging and proxy indicator of inflation, so it isn't of much importance.