Germany April wholesale price index +1.1% vs +1.7% m/m prior
Latest data released by Destatis - 11 May 2021
- Prior +1.7%
- Wholesale price index +7.2% y/y
- Prior +4.4%
Wholesale prices continue to trend higher and that isn't too much of a surprise given rising input cost inflation across the globe. This will feed into consumer inflation so it reaffirms expectations of higher price pressures to follow in the months ahead.