Germany's wholesale prices declined in April for the first time since November 2009, data published by the Federal Statistical Office showed Tuesday.
Wholesale prices declined 0.4 percent in April from a year ago, reversing a 0.3 percent rise in March. However, the rate of fall was slower than the 0.6 percent drop forecast by economists.
Month-on-month, wholesale prices dropped 0.2 percent, the same rate of fall as seen in March, but below the consensus forecast for 0.4 percent decline.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.