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Economy And The Numbers

German Wholesale Price Inflation Eases In April

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Germany's wholesale price inflation softened for the second straight month in April, data from Destatis showed on Thursday.

Wholesale prices grew 0.8 percent year-on-year in April, following a 1.3 percent rise in March.

The overall inflation in April was due to higher prices for food products, non-ferrous ores and metals, and non-ferrous semi-finished metal products.

Meanwhile, lower prices were also reported in the wholesale of computers and peripheral equipment and iron, steel, and ferrous semi-finished metal products.

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