German wholesale prices rise 0.9% in May

Market news

10 June 2016

German wholesale prices rise 0.9% in May

The German statistical office Destatis released its wholesale prices for Germany on Friday. German wholesale prices rose 0.9% in May, after a 0.3% increase in April.

On a yearly basis, wholesale prices in Germany dropped 2.3% in May, after a 2.7% decline in April. Wholesale prices have been declining since July 2013.

The annual fall was mainly driven by a 16.4% drop in solid fuels and related products.

French industrial production climbs 1.2% in April

German final consumer price inflation rises 0.3% in May

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