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2025-09-15 15:33:27
German Wholesale Inflation Accelerates: (1) German wholesale prices rose 0.7% year-on-year in August, up from 0.5% in July, marking the ninth consecutive month of increases. Food, beverages, and tobacco prices rose 4.2%, while coffee, tea, cocoa, and spices soared 17.7%. Sugar and bakery products rose 14.5%, meat rose 9.4%, live animals rose 8.9%, dairy products and oils rose 7.4%, and non-ferrous ores and metals surged 21.1%. (2) Month-on-month, wholesale prices unexpectedly fell 0.6% in August, the largest drop in a year, after falling just 0.1% in July and meeting market expectations for a 0.2% increase. Solid fuels and mineral oil products fell 6.9%, scrap fell 10.4%, computers and related equipment fell 4.9%, and steel and semi-finished products fell 4.6%.
