Germany: Annual PPI grows less than expected in February

FXstreet.com (Barcelona) - According to data released today by Destatis, German annual Producer Price Index rose 1.2% in February, following a 1.7% increase registered the previous month. Market experts forecasted more growth of 1.5%.

On a monthly basis German PPI slid 0.1% in February, compared with the 0.8% rise in January, against expectations of +0.2%.