Germany's February Wholesale Prices Rise 1.2% Year-over-Year

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Investing.com – The Federal Statistical Office of Germany announced on Friday that Germany’s wholesale prices in February increased by 1.2% compared to the same period last year.

The annual increase in wholesale prices is the latest inflation data point for Europe’s largest economy, which is still dealing with price pressures across various sectors.

The statistical office released the February wholesale price index data, which tracks the prices charged by wholesalers to retailers and other businesses before goods reach consumers.

Changes in wholesale prices are often seen as indicators of future consumer price trends, as price changes at the wholesale level can eventually pass through to retail customers.

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