Financial News: German Wholesale Price Inflation Highest In Nearly 2

German Wholesale Price Inflation Highest In Nearly 2 Years

03/14/2025 - 07:14:00 (RTTNews)

(RTTNews) - Germany's wholesale prices increased for the third straight month in February, and at the fastest pace in almost two years, data from Destatis showed on Friday.

The wholesale price index climbed 1.6 percent year-on-year in February, following a 0.9 percent rise in January.

Further, this was the steepest rate of increase since March 2023, when prices had risen 3.8 percent.

The upward trend was largely driven by 4.4 percent higher costs for food, beverages, and tobacco products and a 29.7 percent surge in wholesale selling prices for non-ferrous ores, non-ferrous metals, and semi-finished products.

Wholesale prices also climbed 0.6 percent on a monthly basis in February, slower than the 0.9 percent rise in the previous month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Croatia Producer Prices Decline First Time In 4 Months (06 hr(s), 53 min(s), 49 sec(s) ago)
(RTTNews) - Industrial producer prices in Croatia fell for the first time in four months in April, ...Full Story»

Lithuania Inflation Remains Stable, Trade Gap Widens (12 hr(s), 55 min(s), 49 sec(s) ago)
(RTTNews) - Lithuania's consumer price inflation held steady in April after rising to a 19-mon ...Full Story»

Slovakia Industrial Output Recovers In March (13 hr(s), 16 min(s), 49 sec(s) ago)
(RTTNews) - Slovakia's industrial production expanded for the first time in three months in Ma ...Full Story»

Portugal Trade Deficit Widens March (13 hr(s), 38 min(s), 49 sec(s) ago)
(RTTNews) - Portugal's trade gap increased in March from a year ago as imports grew faster tha ...Full Story»

Ireland Manufacturing Production Surges 49.1% (14 hr(s), 30 min(s), 49 sec(s) ago)
(RTTNews) - Ireland's manufacturing output growth quickened further in March, preliminary figu ...Full Story»

Czech Retail Sales Growth Improves To 3.4% (16 hr(s), 06 min(s), 49 sec(s) ago)
(RTTNews) - The Czech Republic's retail sales growth improved slightly in March after remainin ...Full Story»

Turkey Industrial Production Rebounds 2.5% (16 hr(s), 17 min(s), 49 sec(s) ago)
(RTTNews) - Turkey's industrial output expanded in March after a renewed decline in the prior ...Full Story»

Swiss Consumer Confidence Weakens To 16-month Low (16 hr(s), 36 min(s), 49 sec(s) ago)
(RTTNews) - Swiss consumer confidence decreased further in April to the lowest level in nearly one ...Full Story»