(RTTNews) - German producer price index, or PPI, rose 4.4% year-on-year in November, the Federal Statistical Office said Monday. Economists had forecast 4.5% rise following October's 4.3% increase.
According to official data, annual inflation rose for the third consecutive month in November after easing in August.
On a monthly basis, the PPI climbed 0.2% after rising 0.4% in the previous month. It was expected to climb by 0.3%.
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José Ruiz Varela, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
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