BERLIN (Reuters) – Germany’s wholesale prices grew more slowly in October, with a rise of 17.4% year on year, although the cost of many raw materials and intermediate products remained high, according to data released on Tuesday.
On the previous month, wholesale prices fell by 0.6%, the federal statistics office said.
In September, wholesale prices rose by 19.9% year on year and 1.6% month on month.
The office offers more detailed economic data on its website.
(Writing by Rachel More; Editing by Maria Sheahan)