German PPI (M/M) Sep: -0.5% (est -0.2%; prev 0.2%)
- PPI (Y/Y): -1.4% (est -1.1%; prev -0.8%)
Lower energy prices were the main reason for the year-on-year decline in producer prices also in September 2024, while higher prices had to be paid for capital, consumer and intermediate goods.
The lower-than-expected PPI infusion reduces the chances of a hawkish decision by the ECB, which affects the short-lived weakness of the euro after the data reading.


Daily Summary: Trump and OpenAI keep the market on a roller coaster💡
Market Wrap: A 4% surge in oil prices weighs on indices (08.10.2026)
Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%
Large decline in crude inventories 🛢️📉