India, July 14 -- Germany's wholesale price inflation weakened to a three-month low in June, data from Destatis showed Tuesday.
The wholesale price index grew at a pace of 4.9 percent on a yearly basis in June, slower than the 5.9 percent rise in May. This was the weakest rate since March, when the increase was 4.1 percent.
The 4.9 percent annual increase was largely attributable to the conflict in Iran and the Middle East, which resulted in higher wholesale prices of energy products and raw materials, in particular.
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