
EIA Crude Inventories Draw 0.4M vs Forecast 1.4M Draw
EIA crude inventories drew 0.4M for the week ending September 4, versus a 1.4M draw forecast and a 4.5M prior draw — a smaller-than-expected decline.
Destatis July industrial producer prices +1.1% m/m, +3.0% y/y. Factory forecast 0.5%, previous −0.3%. FXStreet 1.1% vs 0.7% m/m and 3.0% vs 2.7% y/y. They are not averaged.

The Federal Statistical Office printed industrial producer prices 3.0% higher in July 2026 than in July 2025, and 1.1% higher than in June 2026. That is the English producer-price topic page, dated 20 August. This is a beat versus both calendars. The two forecasts are not averaged.
Factory’s July PPI line on the Forex Factory calendar is 1.1% against a 0.5% forecast and a previous of −0.3%. The −0.3% previous holds on Destatis’s June release. FXStreet’s 06:00 GMT wires, stamped 202608200600, have 1.1% against a 0.7% month-on-month forecast and 3.0% against a 2.7% year-on-year forecast. Do not blend 0.5 and 0.7.
| Series | Actual (Destatis) | Factory forecast | FXStreet forecast |
|---|---|---|---|
| Month on month | +1.1% | 0.5% | 0.7% |
| Year on year | +3.0% | — | 2.7% |
| June month on month | −0.3% | previous −0.3% | — |
Destatis: “The producer prices of industrial products were 3.0% higher in July 2026 than in July 2025. The Federal Statistical Office (Destatis) also reports that producer prices in July 2026 were up 1.1% on June 2026.”
The German topic page presents energy at +3.8% year on year and intermediate goods at +5.4% year on year, beside the same +3.0% headline. Those two sub-prints are on that page. They are not a blended tape.
The next Destatis industrial producer-price print is the August survey. Live euro is on prices. The stamp sits on the economic calendar.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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EIA crude inventories drew 0.4M for the week ending September 4, versus a 1.4M draw forecast and a 4.5M prior draw — a smaller-than-expected decline.

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