2017 Economic Calendar
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Germany : PPI  
Released On 10/20/2017 2:00:00 AM For Sep, 2017
PriorConsensusActual
Month over Month0.2 %0.1 %0.3 %
Year over Year2.6 %2.9 %3.1 %

Highlights
Producer prices were surprisingly firm in September. A 0.3 percent monthly rise was the largest since April and the third increase in as many months. It was also enough to lift the annual PPI inflation rate by 0.5 percentage points to 3.1 percent, a 5-month high.

The monthly headline advance was broad-based with basics up 0.3 percent, capital goods 0.1 percent and consumer goods also 0.1 percent. However, energy (1.0 percent) dominated the increase and excluding this category, the PPI was just 0.1 percent above its August level and 2.6 percent stronger on the year, unchanged from its yearly rate last time.

The underlying trend in producer prices has been essentially flat throughout 2017 to date. Signs of building pressure on capacity have yet to provide any real boost and in the absence of this, core CPI inflation is likely to climb only quite slowly.

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
 


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