Germany May PPI -0.4% vs -0.3% m/m expected

Latest data released by Destatis – 19 June 2020
– -0.7%
– PPI -2.2% vs -2.0% y/y expected
– Prior -1.9%
Slight delay in the release by the source. Producer prices continue to slump amid waning price pressures, which we have already seen in inflation data as well already.