Germany March wholesale price index -0.2% vs +0.6% m/m expected

• Prior +0.6%
• Wholesale price index +1.3% y/y
• Prior +1.6%

After the jump in February, wholesale prices moderated a little in March at least. That said, the overall index is still on the high side as it sits at 117.9 and that matches up with the annual average seen in 2023. The annual average last year was only 116.4.

This article was written by Justin Low at www.forexlive.com.