Germany August wholesale price index +0.5% vs +0.8% m/m expected
Latest data released by Destatis - 13 August 2021
Amid increasing cost/price pressures, it is no surprise to see another month of increase in German wholesale prices. The annual reading is the highest since October 1974 (right after the first oil crisis).
- Prior +1.1%
- Wholesale price index +12.3% y/y
- Prior +11.3%