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Germany Wholesale Prices MoM fell to -0.6% in May 2026, released June 2026, down 2.6% from April's 2.0% reading. The reading missed the 0.8% consensus by 1.4%. Wholesale Prices MoM has now declined for 3 consecutive months. Over the past 3 months, Wholesale Prices MoM averaged 2.35%, vs 0.43% in the prior 3-month window. Wholesale Prices MoM is now the lowest in 20 months.
across last 12 releases
Jun 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.61 | INDEX | Bullish S&P 500 | → View |
| DAX | ▲ Direct | +0.60 | INDEX | Bullish DAX | → View |
| Euro STOXX 50 | ▲ Direct | +0.37 | INDEX | Bullish Euro STOXX 50 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Wholesale Prices MoM (Germany) was reported at -0.6% in June 2026. This missed the market consensus of 0.8% by 1.4%. The reading fell from the previous value of 2%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 0.27%, ranging from -0.6% to 2% across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
The trailing three releases averaged 0.67%, up from the prior three at 0.33%. Volatility over the past year (σ 0.7%) is higher than the prior year (σ 0.45%). In June readings over the past 3 years, Wholesale Prices MoM has averaged -0.27%.
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with DAX, positively correlated (Bullish DAX). Over the last 12 releases, the Sigmacast model's median absolute error is 0.34%.
The next release is scheduled for July 14, 2026. Same-country events in the next 14 days include Producer Price Index YoY (Jun 19) and S&P Global Manufacturing PMI (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
Wholesale Prices MoM (Month-over-Month) is a financial indicator that measures the change in the average selling prices of goods and services at the wholesale level on a monthly basis. This indicator is used by economists, investors, and policymakers to track inflationary trends and assess the overall health of the economy. A positive change in Wholesale Prices MoM may indicate rising inflation, while a negative change may suggest deflationary pressures. It is an important tool for decision-making in various industries, as it provides insight into the cost of goods and potential changes in consumer prices.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (May 2026): actual -0.6 %, consensus 0.8 %. Prior reading (Apr 2026): 2 %. Before that (Mar 2026): 2.7 %.
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.61) — a useful reference for index-focused traders.
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| Friday, June 19, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | Producer Price Index MoM | 1.2 | 0.7 | 0.30 | Low | ||
| 06:00 | Producer Price Index YoY | 1.7 | 2.5 | 2.20 | Medium | ||