Germany August wholesale price index +0.5% vs +0.8% m/m expected

Author: Justin Low | Category: News

Latest data released by Destatis - 13 August 2021

  • Prior +1.1%
  • Wholesale price index +12.3% y/y
  • Prior +11.3%
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).
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