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

Germany : PPI  
Released On 8/18/2017 2:00:00 AM For Jul, 2017
Month over Month0.0 %0.2 %
Year over Year2.4 %2.3 %

Producer prices firmed in July for the first time since April though not enough to prevent the annual rate from declining for the third consecutive month. A 0.2 percent increase on the month put the annual PPI inflation rate at 2.3 percent, down a tick from the June rate and the lowest reading since December.

Contributing to the monthly increase were non-durable consumer goods, up 0.3 percent on the month, with capital goods and energy rising 0.2 percent each and durable consumer goods up 0.1 percent. Prices of intermediate goods were unchanged on the month.

The core PPI excluding energy was up 0.2 percent compared to June, leaving the annual rate unchanged at 2.5 percent.

While the monthly uptick in producer prices was broad-based, pipeline pressures remain subdued and indicate the continuation of the deceleration seen in the last quarter. Today's temperate inflation report from the Eurozone's biggest producer keeps the reduction in the present degree of monetary accommodation by the ECB an unlikely result of its next meeting on September 7.

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]