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Weekly Economic Perspectives: Unprecedented Producer Price Shock for Germany

Chief Economist
Investment Strategist

The Economy

  • New and pending home sales fall in the US.
  • Canadian industrial prices rise more than expected.
  • Real retail sales decline in the UK.
  • Acute producer price surge in Germany.
  • Modest manufacturing expansion in Japan.

Spotlight On Next Week

  • Another strong payrolls gain in the US.
  • German inflation to spike further.
  • Japanese manufacturing sentiment to worsen.

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