German wholesale prices fall 0.8% in December

Market news

14 January 2016

German wholesale prices fall 0.8% in December

The German statistical office Destatis released its wholesale prices for Germany on Thursday. German wholesale prices fell 0.8% in December, after a 0.2% decrease in November.

On a yearly basis, wholesale prices in Germany dropped 1.0% in December, after a 1.1% decline in November. Wholesale prices have been declining since July 2013.

The fall was mainly driven by a 11.7% drop in solid fuels and related products.

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