16 Oct 23 1 min read
Insights
- Germany's wholesale prices in September 2023 fell 4.1 per cent year-on-year, marking the largest decrease since May 2020.
- The decline is primarily due to a base effect arising from large price increases in 2022, which were caused by the war in Ukraine.
- On a month-to-month basis, the country's wholesale prices increased 0.2 per cent in September 2023.
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