The typical/expected impact on EUR pairs is medium.
The consensus forecast for Producer Price Index (YoY) is -2.1%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The most recent announced value for Producer Price Index (YoY) was -2.5% against a forecast of -2.4%.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| ZEW Survey – Current Situation | Bullish change | -72.7 | -65.9 | ||
| ZEW Survey – Economic Sentiment | Bearish change | 59.6 | 58.3 | ||
| ZEW Survey – Economic Sentiment | Bearish change | 40.8 | 39.4 | ||
| Harmonized Index of Consumer Prices (MoM) | (no change) | -0.1% | -0.1% | ||
| Harmonized Index of Consumer Prices (YoY) | (no change) | 2.1% | 2.1% | ||
| Industrial Production s.a. (MoM) | Bearish change | 0.3% | -1.4% | ||
| Employment Change (QoQ) | (no change) | 0.2% | 0.2% | ||
| Gross Domestic Product s.a. (QoQ) | (no change) | 0.3% | 0.3% | ||
| Gross Domestic Product s.a. (YoY) | (no change) | 1.4% | 1.4% | ||
| Harmonized Index of Consumer Prices (YoY) | Bearish change | 2.5% | 2.4% | ||
| Sentix Investor Confidence | Bullish change | -1.8 | 4.2 | ||
| Industrial Production n.s.a. w.d.a. (YoY) | Bearish change | 0.5% | -0.6% | ||
| Industrial Production s.a. (MoM) | Bearish change | 0.2% | -1.9% | ||
| Trade Balance s.a. | Bullish change | €13.6B | €17.1B |
| Country: | Germany |
|---|---|
| Currency: | EUR |
| Source: | Federal Statistics Office of Germany |
| Category: | Inflation |
| Frequency: | Monthly |