Germany August wholesale price index -0.6% vs -0.1% m/m prior

• Wholesale price index +0.7% y/y
• Prior +0.5%

Despite some further moderation in wholesale prices in the past month, the overall level is still sitting comfortably above what it was the same month a year ago. Adding to that, the index currently (116.9) is also keeping above the annual average for last year (116.4). The main reason cited by Destatis is the increase in prices for food, beverages, and tobacco products (+4.2% compared to August 2024).

This article was written by Justin Low at investinglive.com.