Latest data released by Destatis - 20 September 2019
- Prior +0.1%
- PPI +0.3% vs +0.6% y/y expected
- Prior +1.1%
Slight delay in the release by the source. That is quite a drop in producer and import prices and won't breathe any confidence into inflationary pressures whatsoever.
Although it is a lagging data point, the trend certainly suggests that we could see weaker inflation in Germany moving forward once these prices fall enough to be passed on to consumers down the road.
