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Economy And The Numbers

German Wholesale Price Inflation Slows

By Renju Jaya   ✉   | Published:   | Follow Us On Google News

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.

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