Germany May wholesale price index +1.7% vs +1.1% m/m prior
Latest data released by Destatis - 11 June 2021
- Prior +1.1%
- Wholesale price index +9.7% y/y
- Prior +7.2%
German wholesale prices continue to tick higher amid rising input cost inflation due to supply constraints. This in turn should continue to translate to higher consumer inflation pressures in general in the months ahead.