Germany PPI falls 0.3% M/M in June, Y/Y at 1.8%
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Germany June PPI slows to 1.8% YoY, meets forecast
Germany's June producer price inflation decelerated to 1.8% YoY from 2.2% prior, matching expectations. The softer reading reinforces the eurozone's disinflationary trend and supports the ECB's cautious stance on rate cuts. EUR/USD traders should watch for confirmation that German price pressures remain contained amid broader euro weakness.
https://x.com/FirstSquawk/status/2079084081200128393Germany June PPI MOM falls 0.3%, matches forecast
Germany's June producer prices declined 0.3% month-on-month, matching consensus estimates and improving from May's +0.3% rise, signaling cooling inflationary pressure in Europe's largest economy. EUR/USD traders should monitor whether sustained disinflation supports ECB rate-cut bets, though current market focus remains on Fed policy divergence and USD resilience.
https://x.com/FirstSquawk/status/2079084066708845035German producer prices slow to 1.8% YoY in June
German factory-gate inflation decelerated to 1.8% YoY in June from 2.2% in May, falling 0.3% MoM and dropping below the 2.3% CPI print. Consumer goods prices fell 2.2% YoY with food down 4.5%, signaling easing pipeline pressure that could support disinflation in retail inflation ahead. EUR/USD traders should monitor whether the ECB reads this as confirmation of disinflationary momentum.
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