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Germany wholesale inflation hits new high
Data from the German Federal Statistical Office showed that the producer price index (wholesale) increased by 6.7% annually in September 2026, the highest level since the beginning of 2023, driven by rising energy prices and intermediate goods. Inflation in energy prices exceeded 14.9% annually, with significant increases in the prices of mineral oils and heating oil, which rose by 51.3% and 100%, respectively. Additionally, prices of intermediate goods rose by 6.4%, while prices of non-durable goods fell by 1.8%. Excluding energy, wholesale prices increased by 3.2% in the same month.
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