Germany: Annual Producer Price Index rises less than expected in March

FXstreet.com (Barcelona) - The German PPI increased 0.4% in March, after growing 1.2% in February, according to data released today by Destatis. Market consensus pointed to a 0.7% rise.

On a monthly basis PPI fell 0.2% in March, down from the 0.1% decline seen in February and against expectations of no change.