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The Impact Of The German PPI Release
Key Takeaways: Destatis set to report German PPI data early Thursday morning German data suggests the beginning of an upturn High PPI would increase Eurozone inequality Low PPI would bolster expectations of aggressive ECB easing and likely weaken the EUR. With Eurozone quantitative easing just around the corner and an improving outlook in Germany, the upcoming PPI release could give Draghi a headache. Here’s why. At 02:00 EST Thursday morning, Destatis will report the latest German producer price index (PPI) data. Because the data focuses on sales at the manufacturing stage, it can be useful as a leading indicator ... (full story)