Germany's wholesale price inflation slowed for the third straight month in July but remained at an elevated level due to higher raw material costs, Destatis reported Monday.
Wholesale prices registered a double-digit annual increase of 19.5 percent in July, but slower than the 21.2 percent increase seen in June. Month-on-month, wholesale prices declined for the first time since October 2020. Prices dropped 0.4 percent, in contrast to the 0.1 percent increase a month ago.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.