German August PPI rises 4.6% y/y, 1.1% m/m, well above forecasts

Germany's producer price index rose 1.1% month-on-month and 4.6% year-on-year in August, above estimates of 0.6% and 3.9% respectively, with the annual rate accelerating from 3.0% in July.

Detected & updated continuously · Source: Nebula