Consumer prices in Germany edged higher, rising 0.10% on a yearly basis, offsetting the -0.10% declines in April, according to data from statistics agency Destatis. On a month over month basis, German CPI was up 0.30%, compared to 0.40% decrease seen in April. In a separate report from Destatis on Friday, wholesale prices in Germany declined at a slower than expected pace in May after the 2.70% drop in April. Germany's wholesale prices have been steadily declining since July 2013 with April's decline marking the smallest in over four months – a good sign for the important metric.
Industrial Output in China Increased 6.0% in May
Daily Analysis - 13/06/2016