German wholesale prices fall 0.5% in February

Market news

11 March 2016

German wholesale prices fall 0.5% in February

The German statistical office Destatis released its wholesale prices for Germany on Friday. German wholesale prices fell 0.5% in February, after a 0.4% decrease in January.

On a yearly basis, wholesale prices in Germany dropped 1.9% in February, after a 1.0% decline in January. Wholesale prices have been declining since July 2013.

The annual fall was mainly driven by a 15.1% drop in solid fuels and related products.

U.K. trade deficit in goods narrows to £10.29 billion in January

Business NZ performance of manufacturing index for New Zealand declines to 56.0 in February

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