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Technical Analysis Reports

Forex Center > News > Technical Analysis Reports

German producer prices moderate in October

20 Nov, 2008 @ 02:10 am ET

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FXstreet.com (Barcelona) - Inflation at factory levels has moderated slightly in October, due to a sharp decline in oil prices according to data released by German Statistics.

Producer prices index has remained unchanged in Germany in October, while year on year, prices have increased 7.8%, In September, producer prices increased 0.3% month on month, and 8.3% year on year. The final reading has been somewhat higher than the -0.3% monthly and 7.2% yearly reading expected by the analysts.