Producer Price Index (PPI). Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), the German producer price index (PPI) will be published. It is predicted that the value of the indicator will decrease to –0.2% MoM in December from 0.1% MoM a month earlier and fall to 3.0% YoY in December from 3.3% YoY a month earlier. The index tracks the dynamics of prices on commodity markets on a wholesale scale. The growth rate contributes to the strengthening of the EUR, and its decline causes a weakening of the currency.

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