Germany May wholesale price index -1.1% vs -0.4% m/m prior- Prior -0.4%
- Wholesale price index -2.6% y/y
- Prior -0.5%
This marks a continued fall in wholesale prices in Germany, with the annual estimate now the softest since July 2020. A lot of this still has to do with energy prices in general, so there is that to consider when trying to read into the latest trend.
This article was written by Justin Low at www.forexlive.com.
Source: Germany May wholesale price index -1.1% vs -0.4% m/m prior (https://www.forexlive.com/news/germany-may-wholesale-price-index-11-vs-04-mm-prior-20230614/)
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