Germany's wholesale price inflation accelerated to 2.4 percent in April from 2.2 percent in March, the Federal Statistical Office said Monday.
Economists had forecast an increase to 2.3 percent. The uptick can mainly be attributed to higher wholesale prices of solid fuels and petroleum products, the statistical office said.
On a monthly basis, the price index rose 0.5 percent, compared to 0.9 percent increase in the previous month. The outcome was a tad above the 0.4 percent forecast.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.