Germany wholesale price inflation advanced to 16.6 percent in February on higher raw materials and intermediate product prices and from 16.2 percent in January, data released by Destatis showed on Monday. Month-on-month, wholesale prices gained 1.7 percent, slower than the 2.3 percent increase in January. Mineral oil products prices gained 43.6 percent and prices of wholesale trade of waste and scrap surged 46.0 percent, data showed.
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