Germany March wholesale price index m/m 0.0% vs -0.3% prior
Latest data released by Destatis - 16 April 2018
- Prior m/m -0.3%
- Wholesale price index y/y +1.2% vs +1.2% prior
Data released earlier than expected, the figures are via Bloomberg.
The index measures the value of sales made by wholesalers in Germany, it provides an indicator of consumption and retail pattern.
No changes compared to the prior for the year-on-year reading. A minor data point, but the recent downtrend since last year isn't all too encouraging for consumption patterns.
EUR/USD at 1.2328 trading narrowly. EUR/GBP at 0.8653 and EUR/CHF at 1.1876, both also trading range-bound on the day.