Germany's wholesale price inflation eased in July largely due to lower prices of solid fuels and mineral oil products, data from Destatis showed Wednesday.
Wholesale selling prices increased 0.5 percent year-on-year in July, slower than the 0.9 percent rise in June. Nonetheless, prices have increased for the eighth consecutive month.
Month-on-month, wholesale selling prices edged down 0.1 percent in July.
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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.