The German statistical office Destatis released its wholesale prices for Germany on Thursday. German wholesale prices fell 0.8% in December, after a 0.2% decrease in November.
On a yearly basis, wholesale prices in Germany dropped 1.0% in December, after a 1.1% decline in November. Wholesale prices have been declining since July 2013.
The fall was mainly driven by a 11.7% drop in solid fuels and related products.