Germany: Wholesale Price Index rises more than expected in January

The German Wholesale Price Index increased 0.3% in January, after remaining flat the previous month, Destatis reported on Wednesday. This result is slightly higher than the 0.2% growth expected by economists.

Year-over-year German Wholesale Price Index rose 2.3% in January, down from +3.2% registered in December and almost in line with expectations of 2.2% growth.