Germany October wholesale worth index +Zero.four% vs -Zero.three% m/m prior
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German wholesale costs bounced again in October however on an annual foundation are nonetheless down Zero.eight% in comparison with the identical month final 12 months. A lot of the drag for the annual estimate comes from decrease costs for mineral oil merchandise, down 11.5% year-on-year.
This text was written by Justin Low at www.ubaidahsan.com.
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