Germany: Producer Price Index drops 0.2% in October

FXstreet.com (Barcelona) - On a monthly basis the German PPI fell 0.2% in October, compared with the 0.3% growth in September, according to data released today by Destatis. Analysts expected the indicator to remain unchanged.

On an annual basis PPI fell 0.7% in October, after dropping 0.5% in September and slightly below expectations of -0.6%.