Germany, June wholesale prices worse than expected

USA inventories fall in April

(Finance) – i wholesale prices in Germany, which in June recorded a decrease of 0.2% on a monthly basis after -1.1% in May. Analysts had expected a decrease of 1.2%.

announces it theGerman Federal Statistical Office (Destatis)according to which year-on-year wholesale prices fell by 2.9% versus -2.6% the previous month.

Consensus estimates were for a less pronounced decrease, ie 1.2%.

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