Monitor GE WPI m/m as it signals potential consumer price hikes, impacting Forex and equity markets.
This is a key indicator of consumer inflation; when wholesalers raise prices on goods and services, these increased costs typically get passed on to consumers.
What it Measures
Variation in the prices of goods sold by wholesalers.
Usual Effect
A reading higher than the forecast is positive for the currency.
Source & Frequency
Destatis (latest release) - https://www.destatis.de/EN/Home/ • Published monthly, approximately 12 days after the end of the month.
How Data is Derived
N/A
Also Known As
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Acronym
Wholesale Price Index (WPI)