The German statistical office Destatis released its wholesale prices for Germany on Friday. German wholesale prices declined 0.2% in June, after a 0.5% increase in May.

On a yearly basis, wholesale prices in Germany fell 0.5% in June, after a 0.4% drop in May. Wholesale prices have been declining since July 2013.

The fall was largely driven by a 10.5% decline in the wholesale prices of solid fuels and related products.