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Germany May PPI +1.5% vs +0.7% m/m expected

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Latest data released by Destatis – 18 June 2021

  • Prior +0.8%
  • PPI +7.2% vs +6.4% y/y expected
  • Prior +5.2%

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The beat on the readings here continue to suggest rising price pressures in general, which are largely due to supply constraints still contributing to stronger input cost inflation.

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