2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Germany : PPI  
Released On 2/20/2017 2:00:00 AM For Jan, 2017
PriorConsensusActual
Month over Month0.4 %0.3 %0.7 %
Year over Year1.0 %2.0 %2.4 %

Highlights
Producer prices rose a sizeable and larger than expected 0.7 percent on the month in January equalling the sharpest increase since April 2011. As a result, annual PPI inflation climbed fully 1.4 percentage points to 2.4 percent, its highest mark since March 2012.

Energy charges were only partly to blame, posting a 1.1 percent gain versus December and a 4.0 percent yearly rate, up from just 0.2 percent last time. Excluding this sector, the PPI still increased 0.6 percent to lift the annual underlying inflation rate from 1.2 percent to 1.8 percent. Consumer goods were up only 0.3 percent on the month but basics rose 0.9 percent and capital goods 0.4 percent.

The headline PPI has now risen for four consecutive months to put prices at their highest level since July 2015. With business surveys continuing to indicate building pressures on capacity and skills shortages in some industries, manufacturing looks likely to provide consumer prices with a significant boost in 2017.

Definition
The Producer Price Index (PPI) measures the price of industrial and commercial goods produced and sold domestically (excluding turnover tax). About 1,250 types of goods are used to calculate the index and prices are reported by a total of 5,000 enterprises under fixed contractual conditions. Changes in the index provide a guide to inflation from the point of view of the product's producer/manufacturer and, in contrast to the consumer price index (CPI), excludes VAT and other deductible taxed associated with turnover.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/202/203/204/205/196/207/208/189/2010/2011/2012/20
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


powered by  [Econoday]