Free Trial

MNI: GERMAN DATA: PPI (Mar 2019) Preview - 07:00.....>

MNI, NEWS
MNI: GERMAN DATA: PPI (Mar 2019) Preview - 07:00 BST
-------------------------------------------------------------------------------
- Bloomberg Consensus: 0.2% m/m, 2.7% y/y; MNI Median: 0.2% m/m, 2.3% y/y
- Previous (Feb): -0.1% m/m, 2.6% y/y
- Annual PPI inflation is expected to accelerate slightly after holding steady
in Feb at 2.6%
- Producer price pressures have cooled in recent months on softer global
commodity prices
- While energy (-0.2%) & intermediate goods prices (-0.1%) moderated in Feb...
- ... prices of capital (+0.1%) and consumer goods (+0.1%) increased
- On an annual basis, energy prices were up 7.5% y/y in Feb...
-... excluding energy, PPI inflation was 1.3% - just half the headline rate
- With purchase prices reported to have risen at the slowest rate in over 2.5
years (German Mar manuf PMI) ...
- ... annual PPI inflation could ease further in the coming months

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.