Germany December wholesale price index 0.0% vs -0.1% m/m prior
Latest data released by Destatis - 13 January 2020
- Prior -0.1%
- Wholesale price index -1.3% y/y
- Prior -2.5%
Slight delay in the release by the source. The index measures the value of sales made by wholesalers in Germany, it provides an indicator of consumption and retail pattern.
A flat reading on the month and that just reaffirms the general struggle in the German economy last year. An earlier estimate today hinted that German economic growth was just 0.5% last year - which will be the lowest since 2013.