Germany: Wholesale Price Index drops 0.2% in April, as expected

FXstreet.com (Barcelona) - German Wholesale Price Index decreased 0.2% in April, following a 0.2% decline in March, Destatis reported on Tuesday. Analysts projected a steeper fall of 0.4%.

On an annual basis German WPI dropped 0.4%, compared with the 0.3% increase and above forecasts of -0.6%.