German Wholesale Prices MoM (Apr) M/M 2% vs. Exp. 1% (Prev. 2.7%)
Context
The latest German wholesale prices increased by 2% month-over-month in April, exceeding expectations of a 1% rise, although slightly down from the previous month's 2.7%. This stronger than anticipated print suggests persistent inflationary pressures in Germany, which may have implications for monetary policy, particularly considering the ECB's current stance on interest rates and inflation targets.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#GERMANY#EUROPE#DATA#IMPORTANT#FOREX#ASIAN SESSION#EU SESSION#MOM#EU DATA