MoM Change in Wholesale Price Index (WPI) in Germany
Germany| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Wholesale Price Index (WPI) month-over-month data measures the percentage change in the prices of goods sold by wholesalers in Germany compared to the previous month. This index is released monthly by the Federal Statistical Office of Germany (Destatis) and is crucial for assessing short-term trends in wholesale prices.
The month-over-month data helps in understanding how wholesale prices fluctuate over a short period. An increase in the WPI suggests rising inflationary pressures, potentially leading to higher consumer prices. Conversely, a decrease in the WPI indicates deflationary risks, potentially resulting in lower consumer prices.
This data is vital for policymakers to evaluate inflationary pressures and devise appropriate monetary policies. For example, if the WPI shows a sharp increase, the central bank may consider raising interest rates to control inflation. Conversely, if the WPI decreases, there might be a need to strengthen economic stimulus measures. For businesses and investors, the WPI serves as a crucial indicator of wholesale price trends and overall economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
