Germany October PPI report 18 Nov
– -0.2% prev
– yy -0.4% vs -0.9% exp vs -1.4% prev
– energy mm+2.3%, yy -2.2%
– cap goods mm unchanged, yy +0.6%
– basic goods mm -0.1%, yy -0.7%
Stronger PPI data will take a little while longer to filter through to CPI as we saw in the UK data this week.