Germany August wholesale price index -0.4% vs +0.5% m/m prior

Latest data released by Destatis - 11 September 2020

  • Prior +0.5%
  • Wholesale price index -2.2% y/y
  • Prior -2.6%

Slight delay in the release by the source. Not a good look for consumer inflation and consumption pattern in general, in which the former is already reflected in the poor CPI reading as seen released at the same time.

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