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German Wholesale Price Inflation At 8-Month Low

Germany's wholesale price inflation eased to an eight-month low in July, data from Destatis showed Friday.

Wholesale prices advanced 2.2 percent on a yearly basis in July, slower than the 2.5 percent increase in June. This was the weakest growth since November 2016, when prices gained 0.8 percent.

Month-on-month, wholesale prices fell 0.1 percent after staying flat in June.

by RTT Staff Writer

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