Economic Buzz: German Wholesale Price Inflation Up Nearly 19% On Year In August

15 Sep 2022 , 02:22 PM

German wholesale prices rose slightly in August compared with the previous month, on a jump in dairy products and fats, the Federal Statistical Office reported on Thursday. Prices for dairy, eggs and edible oils and fats were up 2.4% on the month while scrap and residual materials were down 5.1% and ores, metals and semi-finished metal products slipped 4.7%. On a year ago basis, the increase in German wholesale prices eased for the fourth consecutive month, coming in at 18.9% in August.Powered by Commodity Insights