Yonhap Infomax NewsGermany's February producer price index fell 0.5% month-on-month, missing market expectations of a 0.3% increase, driven primarily by declining energy prices including natural gas, while the year-on-year decline reached 3.3% according to Destatis data released ahead of the Middle East crisis escalation.
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https://en.infomaxai.com/news/articleView.html?idxno=111215
German February PPI Falls 0.5% MoM, Missing Estimates (Update)
Germany's February producer price index fell 0.5% month-on-month, missing market expectations of a 0.3% increase, driven primarily by declining energy prices including natural gas, while the year-on-year decline reached 3.3% according to Destatis data released ahead of the Middle East crisis escalation.
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