Financial News: Germany Wholesale Prices Rise Most Since 2023

Germany Wholesale Prices Rise Most Since 2023

05/13/2026 - 02:32:00 (RTTNews)

(RTTNews) - Germany's wholesale prices grew at the fastest pace since early 2023 in April as the war in the Middle East lifted energy and raw material prices, Destatis reported Wednesday.

Wholesale prices increased 6.3 percent on a yearly basis in April, following March's 4.1 percent increase. The latest inflation was the highest since February 2023.

The main reason for the annual increase in wholesale prices was a 37.3 percent surge in mineral oil products prices. Wholesale prices of non-ferrous ores, non-ferrous metals and non-ferrous semi-finished metal products increased 40.2 percent.

On the other hand, wholesale prices of milk, milk products, eggs, edible fats and oils were 7.8 percent lower than in the previous year.

On a monthly basis, wholesale prices grew 2.0 percent but slower than the 2.7 percent increase posted in March. However, the monthly growth surpassed economists' forecast of 1.7 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

French Jobless Rate Highest In 5 Years (33 min(s), 19 sec(s) ago)
(RTTNews) - France's unemployment rate rose to the highest level in five years in the first qu ...Full Story»

Japan Eco Watchers Index Falls To 50-month Low (39 min(s), 19 sec(s) ago)
(RTTNews) - A measure of the public assessment of the current situation of the Japanese economy ...Full Story»

Germany Wholesale Prices Rise Most Since 2023 (01 hr(s), 08 min(s), 19 sec(s) ago)
(RTTNews) - Germany's wholesale prices grew at the fastest pace since early 2023 in April as t ...Full Story»

European Economic News Preview: Eurozone GDP Data Due (02 hr(s), 0 min(s),19 sec(s) ago)
(RTTNews) - Flash quarterly national accounts and industrial production from the euro area and fin ...Full Story»

Japan March Current Account Surplus Y4.681 Trillion (15 min(s), 41 sec(s) ago)
(RTTNews) - Japan posted a current account surplus of 4.681 trillion yen in March, the Ministry of ...Full Story»

Australia Wage Price Data Due On Wednesday (22 min(s), 41 sec(s) ago)
(RTTNews) - Australia will on Wednesday release Q1 numbers for wage prices and home loans, highlig ...Full Story»

Ten-Year Note Auction Attracts Below Average Demand (25 min(s), 41 sec(s) ago)
(RTTNews) - Continuing this week's series of announcements of the results of its long-term sec ...Full Story»

U.S. Consumer Prices Increase 0.6% In April, In Line With Estimates (36 min(s), 41 sec(s) ago)
(RTTNews) - With energy prices surging, the Labor Department released a report on Tuesday showing ...Full Story»