German wholesale prices jump further in September

FILE PHOTO: Full shelves with fruits are pictured in a supermarket during the spread of the coronavirus disease (COVID-19) in Berlin

BERLIN (Reuters) – Germany’s wholesale price index surged in September, driven mainly by higher costs for raw materials and intermediate products, according to data released on Friday.

Wholesale prices rose by 19.9% on the year and 1.6% on the previous month, compared to August readings of 18.9% and 0.1% respectively, the federal statistics office reported.

The office offers more detailed economic data on its website.

(Reporting by Rachel More; Editing by Paul Carrel)

Reuters

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