Germany October wholesale price index +0.4% vs +1.9% m/m prior

What we know so far

investingLive (Nov 13, 13:00): Germany October wholesale price index +0.4% m/mPrior +1.9%Germany October wholesale price index 8.8% y/yPrior +8.7%The breakdownMore to follow..What does this data measure?Germany's wholesale price index measures changes in prices charged by wholesalers to retailers and other businesses. It offers an early indication of cost pressures in the supply chain, which can eventually feed through to consumer inflation.Why does it matter…