German wholesale prices increased by 3.4% in September

Market news

16 October 2017

German wholesale prices increased by 3.4% in September

As reported by the Federal Statistical Office (Destatis), the selling prices in wholesale trade increased by 3.4% in September 2017 from the corresponding month of the preceding year. In August 2017 and in July 2017 the annual rates of change were +3.2% and +2.2%, respectively.

From August 2017 to September 2017 the index rose by 0.6%.

Major European stock exchanges trading in the green zone: FTSE 7541.93 +6.49 + 0.09%, DAX 13006.45 +14.58 + 0.11%, CAC 5358.64 +6.90 + 0.13%

Eurostoxx 50 futures up 0.11 pct, CAC 40 futures up 0.27 pct, DAX futures up 0.16 pct, german bund futures open 2 ticks higher at 162.04

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