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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Wholesale Prices YoY climbed to 6.3% in April 2026
FMPMonthlyReleased May 2026
Germany Wholesale Prices YoY climbed to 6.3% in April 2026, released May 2026, up 2.2% from March's 4.1% reading. The print exceeded the 5.2% consensus by 1.1%. Wholesale Prices YoY has now risen for 3 consecutive months. Over the past 3 months, Wholesale Prices YoY averaged 2.17%, vs 1.35% in the prior 3-month window. Wholesale Prices YoY is now the highest in 36 months.
Latest Release
6.3
Actual
5.2
Consensus
4.1
Previous
Median Absolute Error
±0.44 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 5.5
Actual: 6.3
Error: -0.8
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.74 | INDEX | Bullish S&P 500 | → View |
| DAX | ▲ Direct | +0.51 | INDEX | Bullish DAX | → View |
| XAU/USD | ▲ Direct | +0.31 | COMMODITIES | Bullish XAU | → View |
| Euro STOXX 50 | ▲ Direct | +0.28 | INDEX | Bullish Euro STOXX 50 | → View |
| EUR/USD | ▲ Direct | +0.25 | FOREX | Bullish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Wholesale Prices YoY (Germany) was reported at 6.3% in May 2026. This beat the market consensus of 5.2% by 1.1%. The reading rose from the previous value of 4.1%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 1.58%, ranging from 0.5% to 6.3% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 2.9%, up from the prior three at 1.27%. Volatility over the past year (σ 1.6%) is higher than the prior year (σ 0.96%). In May readings over the past 3 years, Wholesale Prices YoY has averaged 1.77%.
THE MODEL'S TAKE
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 0.44%.
WHAT TO WATCH NEXT
The next release is scheduled for June 15, 2026. Same-country events in the next 14 days include Wholesale Prices MoM (Jun 15) and Bundesbank Nagel Speech (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Wholesale Prices YoY - DE
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About Wholesale Prices YoY — Germany
DEFINITION
Wholesale Prices YoY is a financial indicator that measures the annual change in the prices of goods sold in bulk by manufacturers and wholesalers. It provides valuable insights into the overall inflationary pressures in the economy and is closely monitored by businesses, policymakers, and investors to make informed decisions. A positive YoY change indicates an increase in wholesale prices, while a negative change suggests a decrease. This indicator is an important tool for assessing the health of the economy and predicting future trends in consumer prices.
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 6.3 %, consensus 5.2 %. Prior reading (Mar 2026): 4.1 %. Before that (Feb 2026): 1.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.74) — a useful reference for index-focused traders.