BERLIN, Feb 14 Reuters Germany39;s wholesale price index rose in January compared with the same month last year, according to data released on Tuesday.

Wholesale prices increased by 10.6 on the year, the federal statistics office reported. Wholesale price growth peaked in April, with a 23.8 yearonyear increase.

High wholesale prices were driven mainly by increased prices for food, beverages and tobacco, which posted a 16.2 year on year increase in January.

The prices of solid fuels and mineral oil products also had a large impact on the annual rate of change, rising 13.1 yearonyear, according to the statistics office.

Compared with December 2022, the index saw a slight rise in January, up 0.2.

The office offers more detailed economic data on its website.

Reporting by Maria Martinez and Miranda Murray, editing by Kirsti Knolle

Source Reuters