German PPI falls in July

Note: This section contains information in English only.
Source: RTTNews
German Producer Price Inflation weakened to 0.9% in July from 1.6% in preceding month, the Federal Statistics Office reported on Friday. Analysts predicted a reading of 1.2%. In 2011 the rate was 2.1%. On monthly basis, the PPI held unchanged despite forecast for a 0.3% increase. In June, the index dropped 0.4%.
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