EURUSD Intra-Day Fundamentals - German PPI fell by 1.0% with 18 pips price movement
- past data is 0.0%
- forecast data is -0.2%
- actual data is -0.2% according to the latest press release
if actual > forecast (or actual data) = good for currency (for EUR in our case)
[EUR - German PPI] = Change in the price of goods sold by manufacturers. It's a leading indicator of consumer inflation - when manufacturers charge more for goods the higher costs are usually passed on to the consumer.
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In October 2014 the index of producer prices for industrial products
fell by 1.0% compared with the corresponding month of the preceding
year. In September 2014 the annual rate of change all over had been
–1.0%, too. In October 2014 energy prices decreased by 3.6%, prices of consumer
non-durable goods by 0.6% and prices of intermediate goods by 0.3%. In
contrast prices of capital goods rose by 0.6% and prices of durable
consumer goods by 1.2%. The overall index disregarding energy decreased by 0.1% compared with October 2013.
Compared with the preceding month the overall index decreased by 0.2% in
October 2014 (–0.1% in August 2014, unchanged in September 2014).
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EURUSD M5: 18 pips price movement by EUR - German PPI news event :
