2017 Economic Calendar
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Germany : PPI  
Released On 9/20/2017 2:00:00 AM For Aug, 2017
PriorConsensusActual
Month over Month0.2 %0.1 %0.2 %
Year over Year2.3 %2.5 %2.6 %

Highlights
Producer prices rose for a second consecutive month in August for their first back-to-back increase since January/February. Another 0.2 percent monthly advance in overall prices lifted annual PPI inflation from 2.3 percent to 2.6 percent, its strongest reading since May.

Energy prices (0.4 percent) saw the sharpest monthly gain and excluding this sector the PPI edged just 0.1 percent firmer to stand 2.6 percent higher on the year. This was a tick above its annual rate in July. Elsewhere, intermediates were up 0.2 percent but both consumer and investment goods were unchanged.

Underlying PPI inflation jumped at the start of the year but has failed to accelerate in recent months. Indeed, the latest yearly rate only matched that reported back in March. Still, with business surveys pointing to rising pressure on capacity, developments in the manufacturing sector should help to underpin consumer price inflation through year-end.

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
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