German Jan WPI now out 16 Feb
- -0.3% prev
- yy 2.0% vs 1.8% prev
The Wholesale Price Index notes value of sales made by wholesalers in Germany. A growing number in wholesales indicates increases in retail trade and consumption, that is seen as positive or bullish for the EUR,
A flicker of hope for higher inflation readings to come.
EURUSD 1.2543 still near session highs. EURJPY 132.76 EURGBP 0.8875
