Tuesday, July 13, 2010

Germany's Wholesale Price Index falls 0.5%


Forex Special


The Federal Statistics Office issued the Wholesale Price Index for June, In comparison with May the drop is 0.5%, whereas in terms of the expected reading the drop is even sharper at 0.6%. 

The Index gained 5.1% on June 2009, but the yearly assessment the month before had amounted to a 6.2% improvement.

Wholesale Price Index (MoM)

-0.2%
Actual
0.4%
Consensus

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