Germany May wholesale price index -1.1% vs -0.4% m/m prior

  • Latest data released by Destatis - 14 June 2023
  • Prior -0.4%
  • Wholesale price index -2.6% y/y
  • Prior -0.5%

This marks a continued fall in wholesale prices in Germany, with the annual estimate now the softest since July 2020. A lot of this still has to do with energy prices in general, so there is that to consider when trying to read into the latest trend.

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