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German Annual Wholesale Prices Up 6.3% in April

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Germany's wholesale selling prices rose 6.3% year over year in April, after a 4.1% jump in March, the country's Federal Statistical Office said Wednesday.

The reading marks the highest annual price increase since February 2023.

On a monthly basis, wholesale prices were 2% higher, against the previous 2.7% gain and the consensus estimate of a 1% growth.

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