German Wholesale Prices MoM (Jan) M/M 0.9% vs. Exp. 0.1% (Prev. -0.2%)
Newsquawk Staff ·
German Wholesale Prices MoM (Jan) M/M 0.9% vs. Exp. 0.1% (Prev. -0.2%)
What it means
German wholesale prices rising 0.9% MoM in January, significantly above the expected 0.1% and a notable reversal from the previous -0.2% print, suggest potential upward pressure on inflation. This beat could signal stronger demand or supply constraints, influencing future ECB policy discussions and potentially impacting the EUR's strength against its counterparts.
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