Germany's wholesale price inflation accelerated in November to the highest level in nine months, data from Destatis revealed on Monday.Wholesale prices rose 1.5 percent year-over-year in November, faster than the 1.1 percent rise in October.Moreover, this was the highest rate since February, when prices rose 1.6 percent.Prices for food, beverages, and tobacco products were 3.2 percent higher compa...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.