Producer prices in Germany declined -3.10% in April marking the biggest yearly decrease since January of 2010, data from Destatis showed on Friday. Producer prices have been steadily declining in Germany since August of 2013. Excluding energy, German PPI fell -1.00% from the same period last year but was up 0.10% from March’s yearly measurement. On a monthly basis, German PPI edged 0.10% higher in April compared to a flat reading in March. Energy prices dragged the PPI lower, falling -8.80% from last year.
Japan April Trade Surplus Balloons
Daily Analysis - 23/05/2016