Germany’s wholesale prices rose sharply in September 2026, with the Wholesale Price Index (WPI) climbing 8.7% year-on-year, up from 6.8% in August, according to data updated on 14 October 2026.
The year-on-year comparison shows that wholesale inflation pressures are intensifying: the “previous” figure of 6.8% reflected August’s change versus August a year earlier, while the latest “actual” 8.7% reading compares September 2026 with September 2025. The acceleration suggests that cost pressures at the wholesale level are strengthening as they move into the autumn period.
Market participants will be watching closely to see how this pickup in wholesale inflation filters through to consumer prices and corporate margins in the coming months, as WPI data often serves as an early signal of broader price dynamics in the German economy.
