Germany's wholesale price inflation accelerated in August on higher food and non-ferrous ores, Destatis said on Monday.
The wholesale price index posted a 0.7 percent annual growth after rising 0.5 percent in July.
The main reason for the annual increase was the 4.2 percent rise in prices of food, beverages and tobacco and 21.1 percent surge in non-ferrous ores, non-ferrous metals and non-ferrous semi-finished metal products prices.
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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.