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Germany's producer prices unexpectedly edged up 0.1% Y/Y in June 2023, beating market estimates of a flat reading while slowing from a 1.0% rise a month earlier.
The latest print was the lowest producer inflation since a deflation in November 2020.
On a monthly basis, producer prices fell 0.3% in June, compared with forecasts of a 0.4% drop and after a 1.4% decline in May.