• German wholesale prices fall 0.4% in January

Market news

12 February 2016

German wholesale prices fall 0.4% in January

The German statistical office Destatis released its wholesale prices for Germany on Friday. German wholesale prices fell 0.4% in January, after a 0.8% decrease in December.

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

The fall was mainly driven by a 9.3% drop in solid fuels and related products.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.