Germany's whole sale prices increased modestly in June after falling for two months in a row, latest data from the Federal Statistical Office showed Thursday.
The wholesale price index increased 0.7 percent on an annual basis in June, reversing decreases of 0.1 percent and 0.4 percent recorded in May and April. Economists were looking for an increase of 1 percent.
The rebound was mainly driven by a 14.7 percent rise in wholesale prices of fruit, vegetables and potatoes. An 8.8 percent growth in prices of milk, egg and edible oil and fats as well as a 2.7 percent rise in meat and meat products also influenced the index positively.
These increases were partially offset by a 2.2 percent fall in prices of gaseous fuels and related products, and a 4.6 percent decrease in metal and metal ore prices, data showed.
On a monthly basis, wholesale prices declined 0.4 percent in June, as they did in the previous month. The index was forecast to drop 0.1 percent month-on-month.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.