NEWS· 1 min read
Germany wholesale inflation rises
Germany's wholesale price index increased 0.4% month over month, slowing significantly from the previous 1.9% rise.
The figures indicated that wholesale prices continued to increase, although the pace of monthly price growth weakened considerably.
On an annual basis, wholesale prices rose 8.8%, accelerating slightly from the previous 8.7% reading. Despite slower monthly growth, the increase in annual wholesale inflation suggested persistent cost pressures across supply and distribution chains. The data could influence Germany's inflation outlook and European Central Bank (ECB) monetary policy expectations.