Germany June Wholesale Price Index report 12 July
- -0.7% prev
- yy 2.5% vs 3.1% prev
Softer tones greets EURUSD at 1.1474 just dipping from 1.1485 as EURGBP retreats from 0.8950 but GBPUSD also lower at 1.2837 after failing initial push above 1.2850.
The Wholesale Price Index (WPI) measures the change in the price of goods sold by wholesalers. It is a leading indicator of consumer price inflation.