Germany’s wholesale prices surged 6.3% year-on-year in April 2026, accelerating from a 4.1% growth in the prior month and marking the 17th consecutive increase. It was also the fastest rise since February 2023, driven by a 37.3 jump in prices of petroleum products and a 40.2% climb in the cost of non-ferrous ores, non-ferrous metals, and related semi-finished products. Prices were also higher for flowers and plants (9.3%) and chemical products (7.3%). In contrast, prices declined for milk, dairy products, eggs, edible oils and edible fats (-7.8%), and coffee, tea, cocoa, and spices (-7.5%). On a monthly basis, wholesale prices increased 2.0%, slowing from March's 2.7% despite exceeding market forecasts of 1%.