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Germany March PPI -0.7% vs -0.1% m/m expected

  • Prior -0.2%

The decline owes in large part to a fall in energy prices (-2.8%). If you strip that out, German producer prices were actually up 0.2% on the month and also up 1.4% year-on-year.

This article was written by Justin Low at www.forexlive.com.

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