Germany July PPI -1.1% vs -0.2% m/m expected

<ul><li>Prior -0.3%</li></ul><p>The big chunk of the decline continues to be energy-driven with energy prices having fallen by 2.5% compared to June. The good news at least is that if you strip that out, producer prices were also still seen down 0.4% on the month. That should eventually feed to consumer inflation one way or another and for the German economy's sake, they would be hoping sooner rather than later.</p>

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