FX.co ★ German Wholesale Price Inflation Edges Higher in October, Hitting 8.8% Year-on-Year

Germany’s wholesale prices posted a marginal acceleration in October 2026, with the Wholesale Price Index (WPI) rising 8.8% year-on-year, up from 8.7% in September 2026.

The data, updated on 13 November 2026, show that price pressures at the wholesale level remain elevated, with the October reading comparing prices to the same month a year earlier. Similarly, the prior September figure represented a year-on-year comparison with September of the previous year.

Although the increase from 8.7% to 8.8% is modest, the uptick underscores that wholesale inflation has not yet begun to ease on an annual basis, suggesting ongoing cost pressures within Germany’s supply chain and distribution sectors.