German June PPI Slows, Easing Industrial Price Pressures as Brent Crude Tops $90

2 articles · Updated · XTB · Jul 20

Germany's June producer-price growth slowed, signaling that industrial inflation pressures eased despite expectations for a 0.3% monthly rise and 2.2% annual gain.
That softer PPI print landed as Middle East tensions kept markets on edge, with reports of U.S. strikes in Iran pushing Brent crude back above $90 a barrel.
European trading also stayed cautious as a U.S. tech-sector correction supported the dollar, leaving investors focused on how German price data could shape equities and bonds.
Canada's June CPI due at 14:30 UTC is the next major inflation test, with markets watching USD/CAD and broader rate expectations for signs of whether price pressures are easing elsewhere.

Sources

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