Germany Wholesale Price Inflation Highest Since 2023
Destatis said energy and metal prices pushed wholesale inflation to its highest level since early 2023.
11 Articles
11 Articles
Surging mineral oil prices drive September increase as Middle East conflict pushes up energy costs
In September the wholesale prices in Germany rise by 8.7%, driven by oil (+48.8%) and tensions in the Middle East. The large distribution does not hold the impact: a new wave of increases coming that will hit shopping cart and wages. The article Alarm prices in Germany: the wholesale surge (+8.7%), prepares a new stagnate on household consumption comes from Economic Scenarios.
Experience shows: Massive price increases in wholesale prices and producer prices are always only partially passed on to final consumers, which is why the ultimate inflation does not push into such dramatic dimensions. However, current data suggest that there is much higher potential for the next inflation reports in Germany. Of course, it depends heavily on the Iran war and developments [...] The post inflation in Germany is on the rise – whole…
(Teleborsa) - Wholesale prices are still accelerating in Germany, which in September recorded an increase of 1.9% on a monthly basis, after +0.9% of the previous month. This is announced by the Federal Statistical Office...
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