Germany March PPI -0.8% vs -0.7% m/m expected

Latest data released by Destatis – 20 April 2020
– -0.4%
– PPI -0.8% vs -0.8% y/y expected
– Prior -0.1%
Producer prices ease on the month with the annual estimate falling to its weakest level since September 2016. Albeit a lagging and proxy indicator of inflation pressures, it isn't a good sign amid the collapse in energy