Germany July PPI +0.2% vs +0.2% m/m expected ...Middle East

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Germany July PPI +0.2% vs +0.2% m/m expected
Prior +0.2%Looking at the breakdown, there were increases in the price for intermediate goods (+0.2%) and energy (+0.5%). Besides that, the price for capital goods and durable consumer goods were flat on the month. Meanwhile, the price for consumer goods in general fell by 0.1% in July. If you strip out energy, producer prices were seen up 0.1% compared to June. This article was written by Justin Low at www.forexlive.com.

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