(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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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
lunes, 20 de diciembre de 2010
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