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Germany's wholesale price inflation at 7-month low

Staff Writer | July 12, 2017
Germany's wholesale price inflation eased to the weakest in seven months in June, Destatis reported Wednesday.
Germany's wholesale price
Germany   Month-on-month, wholesale prices remained flat
Wholesale prices climbed 2.5% year-on-year in June, slower than the 3.1% increase seen in May.

This was the weakest since November 2016, when prices gained 0.8%.

Wholesale prices of ores and metals increased 6.8% and prices of waste and residuals surged 21%. Meanwhile, fruits and vegetable prices dropped 3%.

Month-on-month, wholesale prices remained flat after falling 0.7% in May.