Germany October wholesale price index -0.6% vs +1.6% m/m prior

  • Latest data released by Destatis - 15 November 2022
  • Prior +1.6%
  • Wholesale price index +17.4% y/y
  • Prior +19.9%

German wholesale prices reflect a monthly decline to start Q4, with it being the second in four months after the previous monthly drop in July. It is arguably a sign that price pressures are levelling off but we'll see how the trend develops going into next year as energy prices remain elevated in the region.

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