Germany EUR

Germany Wholesale Prices MoM

Impact:
Medium

Latest Release:

Date:
Actual:
0.2%
Forecast: 0.2%
Previous/Revision:
-0.3%
Period: Jun
What Does It Measure?
The Germany Wholesale Prices MoM (Month-over-Month) measures the changes in the prices of goods sold between wholesalers, reflecting demand and supply conditions in the wholesale market. This indicator focuses primarily on trends in inflation and pricing dynamics within the economy, assessing critical components such as commodity prices, energy costs, and suppliers' pricing power.
Frequency
The Germany Wholesale Prices MoM is released on a monthly basis, presenting preliminary figures that may be revised in subsequent reports, typically published around the mid-month following the reference month.
Why Do Traders Care?
Traders monitor the Germany Wholesale Prices MoM as it provides insights into inflation pressures and can influence monetary policy decisions in the Eurozone. Higher-than-expected prices may signal rising inflation, impacting the Euro currency and European equities, while weaker readings could ease concerns about inflation and support market stability.
What Is It Derived From?
This indicator is derived from the wholesale price index, compiling data collected from various wholesale businesses across Germany, which report their transaction prices on specific goods. The calculation involves assessing price changes for a basket of products and using a weighted average to reflect overall movements accurately.
Description
The Germany Wholesale Prices MoM compares the current month's wholesale prices to the previous month’s, providing key insights into short-term inflation trends. It is particularly useful for identifying immediate shifts in pricing that could impact consumer prices (CPI) and broader economic conditions.
Additional Notes
The wholesale price index serves as a leading economic indicator, often predictive of consumer price inflation trends (CPI) due to the nature of price transmission from wholesalers to retailers. Observing this indicator can help gauge the procurement environment and economic momentum within Germany and the Eurozone.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for Euro, Bearish for Stocks. Lower than expected: Bearish for Euro, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
0.2%
0.2%
-0.3%
;