Germany August wholesale price index -0.6% vs -0.1% m/m prior

• Wholesale value index +0.7% y/y
• Prior +0.5%

Regardless of some additional moderation in wholesale costs up to now month, the general degree remains to be sitting comfortably above what it was the identical month a 12 months in the past. Including to that, the index at the moment (116.9) can also be preserving above the annual common for final 12 months (116.4). The primary purpose cited by Destatis is the rise in costs for meals, drinks, and tobacco merchandise (+4.2% in comparison with August 2024).

This text was written by Justin Low at investinglive.com.



Source link