German wholesale prices up 8.8 percent in October
German wholesale prices increased by 8.8 percent in October compared to the same month last year. Official data released by the federal statistics office confirms the ongoing annual rise.
Wholesale prices in Germany rose 8.8% in October compared to the same month last year, data from the federal statistics office showed on Friday morning. The increase highlights ongoing cost pressures moving through supply chains in Europe's largest economy. Investors are tracking these producer-level shifts as a leading indicator for consumer inflation and upcoming monetary policy decisions.
