FX.co ★ Germany Wholesale Prices Rise the Most in Over 3 Years

Germany’s wholesale prices rose 6.3% year-on-year in April 2026, up from 4.1% in March and extending their gains for the 17th consecutive month. This was the strongest increase since February 2023, largely driven by a 37.3% surge in petroleum product prices and a 40.2% jump in the cost of non-ferrous ores, non-ferrous metals, and related semi-finished goods. Prices also increased for flowers and plants (9.3%) and for chemical products (7.3%). By contrast, prices fell for milk, dairy products, eggs, edible oils and fats (-7.8%), as well as for coffee, tea, cocoa, and spices (-7.5%). On a monthly basis, wholesale prices rose 2.0%, easing from a 2.7% increase in March but still coming in above market expectations of 1%.