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Germany: Annual Producer Price Index grows 0.1% in March

FXstreet.com (Barcelona) - On an annual basis the German PPI increased 0.1% in April, down from the 0.4% growth in March, according to data released today by Destatis. Analysts pointed to a 0.2% rise.

On a monthly basis PPI fell 0.2% in April, after dropping 0.2% in March and slightly below expectations of -0.1%.

Germany: Apr Producer Price Index (YoY) up 0.1%; (MoM) falls 0.2%

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EUR/USD eyes 1.2900 after German PPI

The bloc currency is now picking up pace towards the key resistance at 1.2900 on Tuesday, after Producer Prices in Germany rose less than expected during the month of April...
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