Measures changes in the prices paid by retailers for finished goods. Growth in wholesale prices usually precedes increases in retail prices, thus changes in Wholesale Prices can be used as an early indicator for inflation. While the CPI records price changes for retail goods, the WPI might pick up inflationary pressures before they reach the headline retail CPI report. The headline number is the percentage change in the index.

Note: WPI provides seasonally adjusted price changes to account for goods' seasonally volatility.

Relevance: Rarely affects markets
Release Schedule: 6:00 (GMT); previous month's data, second week of every month
Source of Report: Federal Statistical Office Germany
Web Address: http://www.destatis.de/e_home.htm
Address of Release: http://www.destatis.de/indicators/e/tkpre560.htm
AKA: WPI