Economic Buzz: German Wholesale Price Inflation Steady At 1.2% In March

German wholesale prices grew 1.2 percent year-on-year in March, the same pace of increase as seen in February, Destatis reported Monday. The biggest influence on overall prices came from the wholesale of ores, metals and semi-finished metal products, which gained 3.4 percent. On a monthly basis, wholesale prices remained flat after easing 0.3 percent in February.