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German wholesale prices in May 2026: +5.9% on May 2025
The selling prices in wholesale trade were 5.9% higher in May 2026 than in May 2025. The year-on-year rate of change was +6.3% in April 2026, and +4.1% in March 2026. The price increase registered in May 2026 was largely attributable to the conflict in Iran and the Middle East, which resulted in higher wholesale prices of energy products and raw materials, in particular. The Federal Statistical Office (Destatis) also reports that wholesale prices in May 2026 were down 0.6% on April 2026, however. The decline was mainly due to the reduction in the energy tax rate on mineral oil products. The main reason for the ... (full story)