Latest data released by Destatis - 16 November 2018
- Prior +0.4%
- Wholesale price index +4.0%
- Prior +3.5%
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. Steady as she goes there for wholesale prices and that's a good sign that domestic demand remains relatively solid as we head into Q4.
Not a major release by any means though. EUR/USD holds near the highs for the day at 1.1350 as the dollar is a little weaker. EUR/GBP sits near the lows at 0.8858 as the pound is holding its own so far.
