Wholesale prices in Germany rose by a record high in April

By: Trademagazin editor Date: 2022. 05. 17. 11:02

Since the beginning of the records in 1962, wholesale prices in Germany have risen the most on an annual basis in April, according to a report published by Destatis on Monday.

Wholesale prices rose in Germany

Wholesale prices in April were 23.8 percent higher than a year before.

The year-on-year price increase in March of the previous month was 22.6 percent, which was also a record. In February, annual growth was 16.6 percent.

On a monthly basis, German wholesale prices rose less in April, after a record 6.9 percent in March. (MTI)