Source: PaxForex Premium Analytics Portal, Fundamental Insight
The German PPI for July increased by 0.2% monthly and decreased by 1.7% annualized. Economists predicted an increase of 0.1% and a decrease of 1.8%. Forex traders can compare this to the German PPI for June, which was reported flat at 0.0% monthly, and which decreased by 1.8% annualized.