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Germany's wholesale prices drop 4.1% YoY in September 2023

Insights

• Germany's wholesale prices in September **** fell *.* per cent year-on-year, marking the largest decrease since May ****.
• The decline is primarily due to a base effect arising from large price increases in ****, which were caused by the war in Ukraine.
• On a month-to-month basis, the country's wholesale prices increased *.* per cent in September ****.