According to the report from Federal Statistical Office (Destatis), the selling prices in wholesale trade increased by 1.8% in March 2019 from the corresponding month of the preceding year. In February 2019 and in January 2019 the annual rates of change had been +1.6% and +1.1%, respectively.

From February 2019 to March 2019 the index rose by 0.3%.

The biggest impact on the overall development compared with the same month of the previous year was the increase in wholesale prices of petroleum products, which rose by 7.7 % (+2.4% compared with February 2019).

Prices in the wholesale trade of cereals, raw tobacco, seeds and feed (+11.5 %) and fruit, vegetables and potatoes (+6.4%) also rose by an above-average rate compared with March 2018.

On the other hand, prices for live animals (-8.0 %) and waste and residues (-5.4 %) were lower at wholesale level than in March 2018.