MoM Change in Producer Price Index (PPI) in Germany
Germany| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Producer Price Index (PPI) month-on-month indicates how much prices of goods and services produced by German businesses have changed compared to the previous month. This data, released monthly by the Federal Statistical Office of Germany (Destatis), is crucial for assessing short-term trends in production costs.
The month-on-month data helps understand fluctuations in production costs over short periods. An increase in PPI suggests rising production costs for businesses, which could eventually lead to higher consumer prices. Conversely, a decrease in PPI indicates reduced production costs, potentially posing deflationary risks.
This information serves as a reference for policymakers to evaluate inflationary pressures and formulate appropriate monetary policies. For instance, a sharp increase in PPI might prompt the central bank to raise interest rates to curb inflation. Conversely, a decrease in PPI might necessitate strengthening economic stimulus measures. For businesses and investors, it's also a crucial source of information for understanding production cost trends and economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
