Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for Producer Price Index (MoM) is 0.3%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Producer Price Index (MoM) was 0.5% against a forecast of 0.3%.
Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (MoM) result:
Country: | Germany |
---|---|
Currency: | EUR |
Source: | Federal Statistics Office of Germany |
Category: | Inflation |
Frequency: | Monthly |