Germany March wholesale price index +0.3% vs +0.3% m/m prior

Author: Justin Low | Category: News

Latest data released by Destatis - 12 April 2019

  • Prior +0.3%
  • Wholesale price index +1.8% y/y
  • Prior +1.6%
ForexLive
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 more positive reading here and that shows domestic demand remains decent in the German economy in Q1 at least, helping to cushion the blow of a weakening manufacturing sector.

EUR/USD holds steady at 1.1285, maintaining gains after a move higher in Asian trading.

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