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2025-12-15 15:58:43
[Germany's November Wholesale Prices Rise at a Nine-Month High] ⑴ German wholesale prices rose 1.5% year-on-year in November, accelerating from the 1.1% increase in the previous month and marking the highest reading since February. ⑵ The price increase was mainly driven by a 3.2% rise in food, beverage, and tobacco prices, with coffee, tea, cocoa, and spices rising 21.9%, sugar, confectionery, and baked goods rising 12.3%, meat and meat products rising 7.3%, and live animal prices rising 4.8%. ⑶ In addition, prices for non-ferrous ore, non-ferrous metals, and related semi-finished products rose sharply by 28.1%. ⑷ In contrast, waste and residue prices fell by 6.5%. ⑸ On a monthly basis, wholesale prices rose 0.3% in November, unchanged from the previous month, slightly higher than the market expectation of a 0.2% month-on-month increase.
