The producer price index in Germany showed a slight improvement in July but continues to remain strongly below the previous year's levels. Data from German statistics agency Destatis showed that the cost of prices leaving Germany factory gates rose 0.20% on the month. However, compared to a year ago, Germany's PPI was down -2.00%. Energy prices had the biggest effect with prices in the category down -6.20% compared to a year ago.
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Daily Analysis - 22/08/2016