Germany October wholesale price index -0.7% vs +0.2% m/m prior
<ul><li>Prior +0.2%</li></ul><p>The year-on-year reading shows a decline of 4.2% in wholesale prices, marking the steepest annual drop since May 2019. A lot of it is to do with base effects though with the monthly decline also largely impacted by a sharp drop in mineral oil prices (-1.9%).</p>
This article was written by Justin Low at www.forexlive.com.
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