Germany EUR

Germany Wholesale Prices YoY

Impact:
Medium

Latest Release:

Date:
Surprise:
0.8%
| EUR
Actual:
0.9%
Forecast: 0.1%
Previous/Revision:
0.4%
Period: Jun
What Does It Measure?
The Germany Wholesale Prices YoY measures the annual change in the prices that wholesalers charge for goods to retailers or other businesses, providing insights into inflationary pressures at the wholesale level. This indicator primarily focuses on production costs and inflation, assessing the price dynamics for a range of goods, including raw materials and finished products.
Frequency
This event is released monthly, typically as a final figure, with announcements usually made on the first business day of the following month.
Why Do Traders Care?
Traders pay close attention to wholesale prices as they can indicate future inflation trends, influencing monetary policy decisions that affect financial markets. A higher-than-expected reading is generally considered bullish for the euro and equities, while a lower reading can negatively impact these assets.
What Is It Derived From?
The Germany Wholesale Prices YoY is calculated using data collected from wholesalers across various sectors, assessing a broad range of products to gather average price changes. This data collection involves surveying businesses, ensuring a representative sample that reflects overall wholesale pricing trends.
Description
The event indicates whether prices have increased or decreased over the prior twelve months, providing a clear snapshot of inflationary trends affecting the wholesale sector. As a YoY measure, it helps eliminate seasonal fluctuations, allowing for a focus on longer-term price movements essential for assessing economic conditions and trends.
Additional Notes
The wholesale price indicator is considered a leading economic measure, often presaging movements in consumer prices by gauging cost pressures earlier in the supply chain. Its implications are significant within the broader context of inflation rates, impacting future monetary policies and economic forecasts.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for Euro, Bullish for Stocks. Lower than expected: Bearish for Euro, Bearish 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
0.9%
0.1%
0.4%
0.8%
;