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Germany: Wholesale Price Index rises more than expected in January

The German Wholesale Price Index increased 0.3% in January, after remaining flat the previous month, Destatis reported on Wednesday. This result is slightly higher than the 0.2% growth expected by economists.

Year-over-year German Wholesale Price Index rose 2.3% in January, down from +3.2% registered in December and almost in line with expectations of 2.2% growth.

Forex: EUR/USD little changed after German prices

The bloc currency remained practically unchanged after Wholesale Prices in the first economy of the bloc rose 0.3% on a monthly basis during January, and 2.3% over the last twelve month, exceeding...
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