Germany April wholesale price index -1.4% vs -0.4% m/m prior

Latest data released by Destatis – 14 May 2020
– -0.4%
– Wholesale price index -3.5% y/y
– Prior -1.5%
The slump in wholesale prices sees the annual reading fall to its weakest level since October 2009, indicating a marked drop in consumption activity amid lockdown measures.