Economic Indicators
German wholesale prices jump further in September
2022.10.14 02:51
© Reuters. FILE PHOTO: Full shelves with fruits are pictured in a supermarket during the spread of the coronavirus disease (COVID-19) in Berlin, Germany, March 17, 2020. REUTERS/Fabrizio Bensch/
BERLIN (Reuters) – Germany’s wholesale price index surged in September, driven mainly by higher costs for raw materials and intermediate products, according to data released on Friday.
Wholesale prices rose by 19.9% on the year and 1.6% on the previous month, compared to August readings of 18.9% and 0.1% respectively, the federal statistics office reported.
The office offers more detailed economic data on its website.