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Indicator Digest

Producer Prices

Main Indicator: Producer Price Index m/m

Most Recent Release

February
19th, 2010
Actual Forecast Previous Revised Form
0.8% 0.3% -0.1% N/A

For January (s.a.)
Provided by: Statistics Office

PPI y/y: -3.4%, forecast -4.0%, pr. -5.2% (Dec),

Next Release Date: March 19th 2010, 3:00 EST

Table of Past Data

5/206/197/208/199/1810/2011/2012/181/202/19
Actual-1.4%0.0%-0.1%-1.5%0.5%-0.5%0.0%0.1%-0.1%0.8%
Forecast-0.2%-0.1%0.5%-0.1%0.1%-0.1%0.1%0.2%0.2%0.3%
Previous-0.7%-1.4%0.0%-0.1%-1.5%0.5%-0.5%0.0%0.1%-0.1%
Revised FromN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

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Past Releases

January
20th, 2010
Actual Forecast Previous Revised Form
-0.1% 0.2% 0.1% N/A
December
18th, 2009
Actual Forecast Previous Revised Form
0.1% 0.2% 0.0% N/A
November
20th, 2009
Actual Forecast Previous Revised Form
0.0% 0.1% -0.5% N/A

For October (s.a.)
Provided by: Statistics Office
Official Release: Press Release

PPI y/y: -7.6%, forecast -7.5%, pr. -7.6% (Sep), -6.9% (Aug),
-7.8% (Jul), -4.6% (Jun), -3.6% (May), -2.7% (Apr), -0.5% (Mar),
0.9% (Feb), 2.0% (Jan), 4.0% (Dec '08), 5.3% (Nov), 7.8% (Oct)

October
20th, 2009
Actual Forecast Previous Revised Form
-0.5% -0.1% 0.5% N/A

For September (s.a.)
Provided by: Statistics Office
Official Release: Press Release

PPI y/y: -7.6%, forecast -7.1%, pr. -6.9% (Aug), -7.8% (Jul),
-4.6% (Jun), -3.6% (May), -2.7% (Apr), -0.5% (Mar), 0.9% (Feb),
2.0% (Jan), 4.0% (Dec '08), 5.3% (Nov), 7.8% (Oct), 8.3% (Sep)

September
18th, 2009
Actual Forecast Previous Revised Form
0.5% 0.1% -1.5% N/A

For August (s.a.)
Provided by: Statistics Office
Previous Release: Press Release

PPI y/y: -6.9%, pr. -7.8% (Jul), -4.6% (Jun), -3.6% (May),
-2.7% (Apr), -0.5% (Mar), 0.9% (Feb), 2.0% (Jan), 4.0% (Dec '08),
5.3% (Nov), 7.8% (Oct), 8.3% (Sep), 8.1% (Aug), 8.9% (Jul)

German producer prices rose for the first time in 11 months in August, as energy costs increased. Prices rose 0.5%, higher than expectations, while the annual rate showed a smaller 6.9% decline. That means we may have seen a bottom for annual rates. Oil was more expensive on tht month, with energy prices climbing 1.1%. Excluding energy costs, prices increased 0.3% and down 3.4% on the year. 

August
19th, 2009
Actual Forecast Previous Revised Form
-1.5% -0.1% -0.1% N/A

For July (s.a.)
Provided by: Statistics Office
Official Release: Press Release

PPI y/y: -7.8%, pr. -4.6% (Jun), -3.6% (May), -2.7% (Apr),
-0.5% (Mar), 0.9% (Feb), 2.0% (Jan), 4.0% (Dec '08), 5.3% (Nov),
7.8% (Oct), 8.3% (Sep), 8.1% (Aug), 8.9% (Jul), 6.7% (Jun)

German producer prices slid sharply in July, declining 1.5% compared to the previous month, while annual prices plunged 7.8%. That was the biggest dealing since the series began in 1949. It's a sign that deflation worries remain in the Euro-zone's biggest economy despite coming out of its recession by posting positive growth in the second quarter. Of course much of the annual decline was a result of very high oil prices one year ago. Energy prices dropped 16.5% compared to a year ago. Excluding energy costs, prices would have decline 0.2% on the month and were down 3.6% from a year ago. 

July
20th, 2009
Actual Forecast Previous Revised Form
-0.1% 0.5% 0.0% N/A
For June (s.a.)
Provided by: Statistics Office
Official Release: Press Release

PPI y/y: -4.6%, forecast -4.1%, pr. -3.6% (May), -2.7% (Apr),
-0.5% (Mar), 0.9% (Feb), 2.0% (Jan), 4.0% (Dec '08), 5.3% (Nov),
7.8% (Oct), 8.3% (Sep), 8.1% (Aug), 8.9% (Jul), 6.7% (Jun)

In Germany, producer prices were down 0.1% in June, a result that surprised forecasts on the downside. Prices on the year were down 4.6%, after dropping 3.6% in May. That was the biggest annual drop in 40 years. The decline was led by lower energy costs, which were down 8.4% in June compared to a year earlier, with crude prices down 25%.

June
19th, 2009
Actual Forecast Previous Revised Form
0.0% -0.1% -1.4% N/A
For May (s.a.)
Provided by: Statistics Office
Previous Release: Press Release

PPI y/y: -3.6%, pr. -2.7% (Apr), -0.5% (Mar), 0.9% (Feb), 2.0% (Jan),
4.0% (Dec), 5.3% (Nov), 7.8% (Oct), 8.3% (Sep), 8.1% (Aug),
8.9% (Jul), 6.7% (Jun), 6.0% (May), 5.2% (Apr)

May
20th, 2009
Actual Forecast Previous Revised Form
-1.4% -0.2% -0.7% N/A
For April (s.a.)
Provided by: Statistics Office
Official Release: Press Release

PPI y/y: -2.7%, forecast -1.3%, pr. -0.5% (Mar), 0.9% (Feb), 2.0% (Jan),
4.0% (Dec), 5.3% (Nov), 7.8% (Oct), 8.3% (Sep), 8.1% (Aug), 8.9% (Jul),
6.7% (Jun), 6.0% (May), 5.2% (Apr)