Germany: Producer Price Index drops in August against forecasts

FXstreet.com (Barcelona) - On an monthly basis German PPI decreased 0.1% in August, following -0.1% in July, according to data released today by Destatis. Analysts pointed to a 0.1% rise.

On an annual basis PPI fell 0.5% in August, compared with the 0.5% rise in July and against expectations of +0.1%.