21.01.2009 - Fall in commodities to further drag down German producer prices
From Forextv.com: With oil costs having retreated notably since their highs over the summer, expectations are calling for further declines in Germany's producer price growth rate in December. Ahead of the Federal Statistical Office's producer price inflation report scheduled for Wednesday, the median consensus forecast is pointing to industrial prices growing at an average rate of 4.2% in the 12 months to December, down from the previous month's 5.3% print..... Full Article: Source
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