Monthly producer inflation in Germany declined for September by -0.1% MoM with expectations at +0.1% MoM and previous reading at -0.5% MoM.
Annual reading came out below expectations as well. The print was -1.7% YoY with expectations at -1.6% YoY and previous reading at -2.2% YoY.
The Producer Price Index (PPI) data for Germany in September came in softer than expected, showing the continued easing of wholesale price pressures. The modest drag on the headline monthly figure was primarily driven by a decline in energy prices (-0.3%). When stripping out energy, German producer prices were flat compared to August, indicating that core inflation pressures at the producer level remain well contained.
A deeper breakdown shows the following price movements:
-
Capital Goods: Increased slightly by +0.1%.
-
Durable Goods: Also saw a marginal rise of +0.1%.
-
Consumer Goods: Prices were flat (0.0%).
-
Intermediate Goods: Declined slightly by -0.1%.
Overall, this report suggests that upstream inflationary pressures are continuing to moderate in Germany, led by lower energy costs, while price movements in other key sectors remain subdued. EURUSD is slighly lower after the reading but the scale of the move is rather very small:
Chart of the Day: Is the Yen Ready for Another Round?
Economic Calendar: Global Data Focus Shifts to US and Canada,
Morning Wrap: Trump and Xi shape markets. AI drives record highs while Iran and geopolitics dampen sentiment
Daily Summary: Market euphoria shows no signs of letting up 🚀
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
