Economic Buzz: Germany Wholesale Price Inflation Rises 19.9% In September

14 Oct 2022 , 02:20 PM

Germanys wholesale price inflation accelerated for the first time in five months in September, data from Destatis showed. Wholesale prices climbed 19.9 percent year-over-year in September, faster than the 18.9 percent spike in August. The rise in inflation was largely attributed to increased prices for raw materials and intermediate products, the agency said. On a monthly basis, wholesale prices rose 1.6 percent from August, when they edged up by 0.1 percent. Powered by Commodity Insights