Germany Producer Price Index (MoM) increases 0.3% in September; (YoY) falls 0.5%

Oct 21, 2013

AUD/USD upwards ‘flirting’ with the 200-daily SMA at 0.9755

The AUD/USD is moving slightly upwards since the opening in Asia trading session after precisely eight consecutive “green” days of high gains.

Germany: Producer Price Index grows 0.3% in September

On a monthly basis the German PPI increased 0.3% in September, compared with the 0.1% drop in August, according to data released today by Destatis. Analysts pointed to a 0.1% increase.