Latest data released by Destatis - 15 June 2018
- Prior +0.5%
- Wholesale price index +2.9% vs +1.4% y/y prior
The index measures the value of sales made by wholesalers in Germany, it provides an indicator of consumption and retail pattern.
A marked improvement in consumption there, but as mentioned previously domestic conditions in the German economy is still holding up well. It's the trade/exports part that is the concern.
