German wholesale prices in May rose more than expected

Market news

15 June 2018

German wholesale prices in May rose more than expected

As reported by the Federal Statistical Office, the selling prices in wholesale trade increased by 2.9% in May 2018 from the corresponding month of the preceding year. In April 2018 and in March 2018 the annual rates of change were +1.4% and +1.2%, respectively.

From April 2018 to May 2018 the index rose by 0.8%.

The Bank of Japan holds the interest rate at -0.10%, as expected

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