Germany's wholesale prices continued to decline in December

Market news

13 January 2021

Germany's wholesale prices continued to decline in December

According to the report from the Federal Statistical Office (Destatis), in December 2020 the selling prices in wholesale trade fell by 1.2% compared with December 2019. In November 2020 and in October 2020 the annual rates of change had been -1.7% and -1.9%, respectively. From November 2020 to December 2020 the index rose by 0.6%.

Destatis also reported that in 2020 the average index of selling prices in wholesale trade was 2.0% lower than the average index of 2019.

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