Germany's wholesale price inflation accelerated in June largely reflecting higher prices of food and beverages, data from Destatis showed on Friday.
Wholesale prices grew 0.9 percent on a yearly basis in June, following April's 0.4 percent increase. The increase in June was the fastest in three months.
Destatis said the main reason for the annual growth was higher prices of food, beverages and tobacco, with prices up 4.2 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.