BREAKING: PPI inflation in Germany slightly lower than expected 📌

7:01 AM 21 May 2024

07:00 AM BST, Germany - Inflation Data for April:

German PPI: actual 0.2% MoM; forecast 0.3% MoM; previous 0.2% MoM;
German PPI: actual -3.3% YoY; forecast -3.2% YoY; previous -2.9% YoY;

PPI inflation comes in slightly below expectations, but the report does not cause much change in the market. On the EURUSD, we do not observe any noticeable reaction after the publication.

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