Producer Price Index (YoY)

The Producer Price Index released by the Statistisches Bundesamt Deutschland measures the average changes in prices in the German primary markets. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

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Most recent - Wednesday 20 September 2023 06:00

-6%

Revised

Forecast

-12.8%

Actual

-12.6%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Next event - Friday 20 October 2023 06:00

-12.6%

Forecast

Actual

The typical/expected impact on EUR pairs is medium.

There is no forecast value for Producer Price Index (YoY) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Producer Price Index (YoY) was -12.6% against a forecast of -12.8%.

Past events

Date

Forecast

Actual

Wednesday 20 September 2023 06:00

-12.8%

-12.6%

Monday 21 August 2023 06:00

-5.1%

-6%

Thursday 20 July 2023 06:00

0.1%

Tuesday 20 June 2023 06:00

1.7%

Friday 19 May 2023 06:00

4.1%

Thursday 20 April 2023 06:00

9.8%

7.5%

Monday 20 March 2023 07:00

12.4%

15.8%

Friday 17 February 2023 07:00

16.4%

17.8%

Friday 20 January 2023 07:00

20.8%

21.6%

Tuesday 20 December 2022 07:00

30%

28.2%

Monday 21 November 2022 07:00

41.5%

34.5%

Thursday 20 October 2022 06:00

44.7%

45.8%

Tuesday 20 September 2022 06:00

37.5%

45.8%

Friday 19 August 2022 06:00

32%

37.2%

Wednesday 20 July 2022 06:00

33.9%

32.7%

Monday 20 June 2022 06:00

33.5%

33.6%

Friday 20 May 2022 06:00

31.5%

33.5%

Wednesday 20 April 2022 06:00

29.1%

30.9%

Monday 21 March 2022 07:00

26.1%

25.9%

Monday 21 February 2022 07:00

24.2%

25%

Thursday 20 January 2022 07:00

19.4%

24.2%

Friday 17 December 2021 07:00

19.8%

19.2%

Friday 19 November 2021 07:00

16.2%

18.4%

Wednesday 20 October 2021 06:00

12.7%

14.2%

Monday 20 September 2021 06:00

9.2%

12%

Friday 20 August 2021 06:00

9.2%

10.4%

Tuesday 20 July 2021 06:00

8.5%

Friday 18 June 2021 06:00

6.4%

7.2%

Thursday 20 May 2021 06:00

5.1%

5.2%

Tuesday 20 April 2021 06:00

3.3%

3.7%

Friday 19 March 2021 07:00

1.9%

Friday 19 February 2021 07:00

0.3%

0.9%

Wednesday 20 January 2021 07:00

-0.3%

0.2%

Friday 18 December 2020 07:00

-0.6%

-0.5%

Friday 20 November 2020 07:00

-0.7%

Tuesday 20 October 2020 06:00

-1.4%

-1%

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (YoY) result:

		Previous	Latest
Consumer Price Index (EU Norm) (YoY)	Bullish change	5.5%	5.7%
Consumer Price Index (YoY)	Bearish change	5.4%	5.3%
Core Harmonized Index of Consumer Prices (MoM)	Bearish change	0.3%	0.2%
Core Harmonized Index of Consumer Prices (YoY)	Bearish change	5.3%	4.5%
Harmonized Index of Consumer Prices (MoM)	Bearish change	0.5%	0.3%
Harmonized Index of Consumer Prices (YoY)	Bearish change	5.2%	4.3%
Unemployment Change	Bullish change	20K	10K
Unemployment Rate s.a.	(no change)	5.7%	5.7%
Consumer Price Index (EU norm) (YoY)	Bearish change	5.7%	5.6%
Retail Sales (MoM)	Bearish change	-0.8%	-1.2%
Retail Sales (YoY)	Bearish change	-2.2%	-2.3%
Consumer Price Index (MoM)	(no change)	0.3%	0.3%
Consumer Price Index (YoY)	Bearish change	6.1%	4.5%
Harmonized Index of Consumer Prices (MoM)	Bearish change	0.4%	0.2%
Harmonized Index of Consumer Prices (YoY)	Bearish change	6.4%	4.3%
Business Climate	Bullish change	-0.41	-0.36
Consumer Confidence	(no change)	-17.8	-17.8
Economic Sentiment Indicator	Bearish change	93.6	93.3
Harmonized Index of Consumer Prices (YoY)	Bullish change	2.4%	3.2%
Gfk Consumer Confidence Survey	Bearish change	-25.6	-26.5
IFO – Business Climate	Bearish change	85.8	85.7
IFO – Current Assessment	Bearish change	89	88.7
IFO – Expectations	Bullish change	82.7	82.9
HCOB Composite PMI	Bullish change	46.7	47.1
HCOB Manufacturing PMI	Bearish change	43.5	43.4
HCOB Services PMI	Bullish change	47.9	48.4
HCOB Composite PMI	Bullish change	44.6	46.2
HCOB Manufacturing PMI	Bullish change	39.1	39.8
HCOB Services PMI	Bullish change	47.3	49.8
HCOB Composite PMI	Bearish change	46	43.5
HCOB Manufacturing PMI	Bearish change	46	43.6
HCOB Services PMI	Bearish change	46	43.9
Gross Domestic Product (QoQ)	Bullish change	0.4%	0.5%
Consumer Confidence	Bearish change	-16	-17.8
Producer Price Index (MoM)	Bullish change	-1.1%	0.3%
Core Harmonized Index of Consumer Prices (MoM)	(no change)	0.3%	0.3%
Core Harmonized Index of Consumer Prices (YoY)	(no change)	5.3%	5.3%
Harmonized Index of Consumer Prices (MoM)	Bearish change	0.6%	0.5%

About Producer Price Index (YoY)

Country:	Germany
Currency:	EUR
Source:	Federal Statistics Office of Germany
Category:	Inflation
Frequency:	Monthly

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Calendar - Producer Price Index (YoY) - Germany

Producer Price Index (YoY)

Most recent - Wednesday 20 September 2023 06:00

Next event - Friday 20 October 2023 06:00

Trading range

Trading range after each Producer Price Index (YoY) event

Forecast history

Past events

Economic context

About Producer Price Index (YoY)

Related events