- Prior +2.3%
- Wholesale price index +16.6% y/y
- Prior +16.2%
Another month, another rise in wholesale prices and that just continues to reaffirm the building cost pressures that will be fed into consumer inflation in the German economy. Just be wary that the Russia-Ukraine developments were not contained in this release, so that just compounds the inflation woes.
This article was originally published by Forexlive.com. Read the original article here.