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globalreutersMay 28, 20241 Mins read
Germany April wholesale price index +0.4% vs +0.2% m/m prior
globalreutersMay 28, 20241 Mins read - Prior +0.2%
- Wholesale price index -1.8% y/y
- Prior -3.0%; revised to -2.6%
On the annual change, just take note that this is the first reporting month that the base year has been updated to 2021 (previously 2015). According to the rebasing, the March reading is now revised to -2.6% year-on-year instead. As an aside, Destatis says that the base year is changed every five years as a general rule.
This article was written by Justin Low at www.forexlive.com.
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