Wed, 20 Aug 2014 08:51:03 GMT
German PPI stays in negative territory
The German Producer Price Index was negative year-on-year for the twelfth straight month as the monthly change was also worse than expected at -0.1% in July. Furthermore, the annual change for producer prices was also lower than previously thought at -0.8%. The consensus numbers for the data were around -0.7% and 0.0% for the year and month, respectively.