PPI in Germany climbed up more than expected in March…
The German Federal Statistics Office reported today that country’s producer price index increased by seasonally adjusted 0.6% in March, following 0.4% gain in February.
Meanwhile analysts expected a 0.5% index growth for last month.
Comparing with 2011 March brought a rise of 3.3% annual rate, which is more than February’s 3.2% reading- Destatis reportd today.