Germany March PPI data report 20 April

  • 0.2% prev
  • yy 3.1% vs 3.2% exp vs 3.1% prev

Data out as few moments ago.. Softer mm but yy trend steady.

The data feeds through to headline inflation over a period of months so always one to keep in mind.

Euro not fazed by the data and EURUSD remains near 1.0729 session highs and EURGBP a tad higher at 0.8373