NEWS: Germany May wholesale price index +1.7% vs +1.1% m/m prior June 11, 2021 at 07:01AM

NEWS: Germany May wholesale price index +1.7% vs +1.1% m/m prior June 11, 2021 at 07:01AM

Latest data released by Destatis – 11 June 2021
– +1.1%
– Wholesale price index +9.7% y/y
– Prior +7.2%
German wholesale prices continue to tick higher amid rising input cost inflation due to supply constraints. This in turn should continue to translate to higher consumer inflation pressures in general in the months ahead.

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