Recent Updates
- France: **France Wages and Earnings Rebased to Q2-2017=100**
- Flash PMIs: Japan, France, Germany, Euro Area, US (Sep)
- Canada: CPI (Aug), Retail Trade (Jul)
- Canada Regional: CPI by Province (Aug), Retail Trade by Province (Jul)
- Norway: International Reserves (Aug), Government Debt (Q2); Finland: Quarterly Sector Accounts, Government Balance (Q2); Denmark: Property Price Indexes (Q2); Iceland: Wage Index (Aug)
- Turkey: IIP & Intl Reserves (Jul); South Africa: Retail Survey (Q4); Mauritius: PPI (Jun); Lebanon: CPI (Aug)
- more updates...
Economy in Brief
EMU Sinks on New Flash PMI Readings
The EMU PMI sank to its cyclical low in mid-2016 then hit its cycle higher in 2018...
U.S. Financial Accounts See Borrowing Ease with Downswing in Federal Government Needs
Borrowing in U.S. financial markets slowed in Q2 2018...
U.S. Leading Economic Indicators Increase
The Conference Board's Composite Index of Leading Economic Indicators increased 0.4% (6.4% y/y)...
U.S. Existing Home Sales Hold Steady
The National Association of Realtors reported that sales of existing homes during August were unchanged at 5.340 million (SAAR, -1.5%)....
Philadelphia Fed Factory Conditions Improve; Prices Weaken Again
The Philadelphia Fed that its General Factory Sector Business Conditions Index rose to 22.9 during September...
by Robert Brusca August 24, 2007
Longer view shows price pressures dissipating in Germany.
On the month, German export and import prices were subdued but over three months some pressures are evident. But broader year-over-year trends do seem to have turned a corner. Excluding petroleum export and import prices are moving lower: fast for imports, slower for exports. Domestically, producer prices excluding energy are ever so gradually losing momentum, while consumer prices are slow in showing declines after having stepped up their pace sharply early in 2007. Internationally, excluding petroleum, trends are generally milder than their domestic counterparts.
| M/M % Change | % SAAR | ||||||
| SA | Jul-07 | Jun-07 | May-07 | 3-Mo | 6-Mo | 12-Mo | Yr-Ago |
| Export Prices | -0.1% | 0.3% | 0.3% | 1.9% | 1.5% | 1.6% | 2.6% |
| Import Prices | 0.1% | 1.1% | 0.5% | 6.9% | 5.6% | 0.4% | 6.2% |
| NSA | |||||||
| Exports ex Petrol | 0.1% | 0.1% | 0.1% | 1.1% | 1.5% | 1.7% | 2.5% |
| Imports ex Petrol | -0.4% | 0.0% | 0.0% | -1.5% | 0.0% | 0.6% | 4.3% |
| Memo: SA | |||||||
| CPI | 0.3% | 0.0% | 0.2% | 1.8% | 2.5% | 1.8% | 2.0% |
| CPI ex energy | 0.2% | 0.0% | 0.1% | 1.1% | 1.5% | 1.8% | 1.2% |
| PPI | -0.1% | 0.3% | 0.3% | 2.0% | 1.9% | 1.1% | 6.0% |
| PPI ex energy | 0.1% | 0.4% | 0.2% | 2.6% | 2.6% | 2.5% | 3.0% |
