German wholesale prices rise 1.2% in February

Key Takeaways

• Wholesale prices in Germany increased by 1.2% year‑on‑year in February 2026, the same rate seen in January, underscoring persistent price pressures at the wholesale level. (destatis.de)
• The continued rise reflects ongoing cost pressures in key sectors like non‑ferrous metals and food products, contributing to sustained wholesale inflation momentum. (destatis.de)
• This wholesale inflation trend contrasts with calmer consumer price developments, as Germany’s HICP inflation held around 2.0% in February, reflecting softer downstream price growth. (bundesbank.de)