Germany Sees Moderate Rise in Wholesale Prices
The rise was largely driven by elevated costs for food, beverages, and tobacco, which on average were 3.5% higher than in October 2024, Destatis reported.
"Year-on-year prices also increased significantly in the wholesale of non-ferrous ores, non-ferrous metals and non-ferrous semi-finished metal products (+26.3%)," the agency added, highlighting notable growth in these sectors.
In contrast, wholesale prices for mineral oil products experienced a decline of 2.1%.
On a month-to-month basis, wholesale prices edged up by 0.3%, reflecting a modest short-term increase.
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