Germany's wholesale prices logged a steady increase in January, figures from Destatis showed on Friday.
The wholesale price index advanced 1.2 percent year-on-year in January, the same pace of increase as seen in December.
On a monthly basis, wholesale prices moved up 0.9 percent, in contrast to December's 0.2 percent fall. Prices were expected to rise 0.1 percent. Data showed that the main reason for the annual increase in wholesale prices were higher prices of non-ferrous ores, non-ferrous metals and non-ferrous semi-finished metal products, which surged 43.8 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.