Economic Buzz: German Wholesale Prices Accelerate In April

German wholesale prices climbed 1.4 percent year-over-year in April, faster than Marchs 1.2 percent increase, data from Destatis showed Friday. The biggest annual influence on the overall development in April was the price increase in the wholesale trade in ores, metals and semi-finished metal products, which gained 3.9 percent. On a monthly basis, wholesale prices rose 0.5 percent from March, when it remained flat.