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Forex News / German Wholesale Prices Fall the Most Since 1987, Raising Bets For An ECB Rate Cut

12.05.2009

German Wholesale Prices Fall the Most Since 1987, Raising Bets For An ECB Rate Cut

Forex News /

Price development in German accelerated from the lowest even in almost a decade as the ending CPI reading held stable at 0.7% from 0.5% in the former month. Meanwhile, consumer prices, arranged using a harmonized method, rose 0.8% from a year earlier after increasing 0.4% in March.



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