8:00 - Germany PPI for October:
- YoY: -1.8%, Expected: -1,9%, Previous 1.7%
- MoM: 0.1%, Expected: 0,0%, Previous -0,1%
Improving monthly dynamic shows very minor improvement in business sentiment, that proved to exceed market expectations.
However, still, yearly dynamic is negative and maintains long-term decline trend.
🚀 US PPI inflation skyrockets to 6%
Economic calendar: US PPI inflation and euro area GDP 📌
Morning wrap (13.05.2026)
BREAKING: U.S. CPI shows persistent inflation pressure! Dollar Strengthens After Data Release!