German wholesale prices up 8.8%, the fastest rise since 2023
German wholesale prices rose 8.8% from a year earlier in October, driven mostly by oil products, which cost 47.6% more.
事件: 2026年11月13日
原始来源: 2026年11月13日
本站发布时间: 2026年11月13日 08:57 UTC
阅读: 1 分钟
发生了什么
Germany's statistics office said wholesale prices rose 8.8% in October from October last year and 0.4% from September. The yearly rise was 8.7% in September and 6.8% in August. Only February 2023 was higher (9.5%).
为什么和你有关
Wholesale prices are what shops and factories pay for goods. Rises there reach consumers over time. High inflation in the euro area's biggest economy makes it harder for the ECB to cut rates, which moves the euro and European stocks.
要核实和关注什么
Final euro area consumer inflation and the next ECB decision. Watch whether oil product prices start to fall.
事件发生地
LIVE拖动即可旋转。绿点：该交易所此刻正在交易（常规时段，不含节假日）。阴影：此刻处于夜晚的地区。国界：Natural Earth，地震：USGS。图层创意：God’s Eye View（MIT）。
What happened. Destatis published its wholesale price index for October 2026. Prices rose 8.8% on the year after 8.7% in September and 6.8% in August. On the month they rose 0.4%. The last higher yearly rise was in February 2023, at 9.5%.
What pushes prices. The office links the rise to the conflict around Iran and the Middle East, which made energy more expensive. Oil products cost 47.6% more than a year ago at wholesale. Grain, tobacco, seeds and animal feed rose 21.2%, chemicals 18.6%, non-ferrous metals 13.8%, computers and equipment 13.4%.
What got cheaper. Live animals fell 15.8% on the year, coffee, tea, cocoa and spices 8.4%, and milk, dairy, eggs and edible oils 7.1%.
What it means. Wholesale prices sit between producers and shops. If they keep rising, shops usually raise prices too. That is our view, Destatis gives no forecast.
已确认的事实
- German wholesale prices rose 8.8% in October 2026 from October 2025 and 0.4% from September.[1][2]
- The yearly rise was 8.7% in September and 6.8% in August.[1]
- The last higher rise was in February 2023: 9.5%.[1]
- Destatis links the rise to the conflict around Iran and the Middle East and higher energy prices.[1]
- Oil products rose 47.6% on the year and 0.9% on the month.[1]
- Grain, unmanufactured tobacco, seeds and animal feed rose 21.2%, chemicals 18.6%, non-ferrous metals 13.8%, computers and peripherals 13.4%.[1]
- Live animals fell 15.8%, coffee, tea, cocoa and spices 8.4%, milk, dairy, eggs and edible oils 7.1%.[1]
影响
- 已确认The yearly wholesale price rise has sped up for a third month in a row.
- 我们的解读Wholesale increases may reach German shop prices over time.
- 我们的解读High German inflation makes ECB rate cuts harder.
仍未知
- How fast wholesale increases reach consumers.
- What oil and gas prices do in November.
影响到谁
Germany, Europe. People who follow the euro, European stocks and the ECB rate
来源
- Destatis: Wholesale prices in October 2026: +8.8% on October 2025 2026年11月13日 · 官方
- Investing.com: German wholesale prices climb 8.8% in October 2026年11月13日 · 媒体
封面：Freekonomist 图示，象征性图片，不是事件现场照片。 这是新闻解读，不构成投资建议。
更多报道
MSCI kicks Strategy out of its indexes. Saylor says it doesn't matter. We did the maths
On November 30 Strategy leaves MSCI USA, World and ACWI. Funds will have to sell about $1.5B of stock, which is small. The real problem is elsewhere: the stock's premium to its bitcoin has almost gone, and Saylor's flywheel is slowing. The numbers, plus Arut's video.
US producer prices rise 6.5% in a year, the most since 2022
US producer prices rose 0.3% in October and 6.5% from a year earlier, the fastest pace since November 2022.
IEA: oil supply tops demand for the first time since the war began
The International Energy Agency says oil supply has overtaken demand for the first time since the war in Iran began, and stocks rose by 52 million barrels in October.
Morning brief by email
The night's key moves and what matters today, in 2 minutes. One-click unsubscribe.
BloFin
3M
7M
40M
60M
80M
250M