Germany December PPI -1.2% vs -0.5% m/m expected

<ul><li>Prior -0.5%</li></ul><p>On the year itself, producer prices were down by 8.6% but are still at higher levels after the staggering increases in 2022 (+32.9%) and 2021 (+10.5%) previously. Lower energy prices is once again the main reason for the drop in the headline reading. If you strip that out, producer prices were actually flat in December compared to the month before.</p>

This article was written by Justin Low at www.forexlive.com.